Bank Loan FHA
Assalamu Alaikom,
I am married with 2 kids.
I have a question about the house I bought for $120.000, its FHA and I got little less than $ 8000. as GRANT (help from Gov) "the condition on grant is I can't sell the house for 8yrs if I do then I have to pay that $8000. back to gov" and rest of the money on loan from the bank. Now my question to you is:
1. The transaction I made is it Halal?
2. Is that loan I got from Bank permissible not RIBA?
3. If the transaction is not Halal or it is Riba or both what can I do at this stage? It will be 2 yrs since I bought this house. (i'm married with 2 kids and my parents come and go to my other brothers house, I have 3 brothers live separate).
Jazakallah for your attention and time that you are giving me and helping me in this matter.
Sincerely,