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?
The described form of transaction is called Diminishing Musharakah leading to Ownership, and the conditions for the validity of this contract must be met. One can refer to the Sharia Supervisory Board of the bank and follow its fatwa.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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