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The question

Is it permissible to take out a loan from a bank to purchase land?

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

Usury is one of the greatest prohibitions, and it is not permissible to engage in it except out of a recognized, legitimate necessity. Therefore, it is not permissible for a Muslim to take a usurious loan to purchase a plot of land unless there is an overwhelming necessity. It is permissible for him to take a benevolent loan or to purchase the plot through a -compliant murabaha.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
160624
Imported
Translation status
Source text, unreviewed
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