What is the ruling on purchasing a villa through Al Rajhi Bank's "Musharaka and Ijarah" system, where the buyer pays 10% and the bank covers the remaining amount, with the buyer taking ownership after settling installments over twenty years?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The described form of transaction is called Diminishing leading to Ownership, and the conditions for the validity of this contract must be met. One can refer to the Supervisory Board of the bank and follow its .
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/112186
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 112186
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy