Is it permissible to take a loan to buy a house from the Islamic products of usurious banks if Islamic banks are not available?
If there are no Islamic alternatives, then there is no harm in dealing with usurious banks in transactions that are controlled by Sharia regulations, such as Murabaha (cost-plus financing) and Istisna' (manufacturing contract), and the like, due to the absence of Islamic banks.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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