Is it permissible to pay the remaining half of the apartment's price through the real estate financing initiative with a declining interest rate of 3% over a longer repayment period, after defaulting on the initial installments?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Contracting for diminishing interest is usury (riba), and it is impermissible to enter into a usurious contract except out of necessity.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/184386
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- 184386
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