Back to search
The question

Is it permissible to purchase a house in a method where an institution participates with 75% of the price and owns 75% of the rent, and is it permissible to borrow from a friend to pay the remaining 25% in exchange for giving him 25% of the rent until the loan is repaid?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

That process is permissible if the institution is a partner with a percentage equal to what the buyer paid, and then the institution leases its share of the house to the buyer. However, lending to a friend with an increase is not permissible, because it is a loan that draws benefit.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
31759
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