What is the ruling on subscribing to a state-affiliated housing association whose installments are paid to a usurious bank, especially if the subscriber did not own a house at the time of subscription but later bought one, and if it is impermissible, what should he do to expiate for that?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the subscription to the state-affiliated housing association is for the purpose of purchasing a dwelling, and the association's installments are deposited in a usurious bank without there being a direct relationship with the bank, then there is no objection to it and no sin in it. This is because the matter is merely a referral from the seller (the association) to an agent for depositing the money.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/84303
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 84303
- 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