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The question

Is it permissible to deposit money in the bank to pay real estate financing installments, provided that only the original price of the apartment is paid?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to deposit money in a usurious bank to take usurious interest and spend it on an apartment installment. The Prophet, peace and blessings be upon him, cursed the one who consumes Riba, the one who feeds it, its scribe, and its two witnesses. It is possible to deal with trustworthy Islamic banks to invest money in permissible ways and benefit from its profits in paying installments.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
184697
Imported
Translation status
Source text, unreviewed
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