What is the ruling on real estate financing in which the commission is 15%, the repayment period is 10 years, and the condition for financing is mortgaging the property?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is forbidden to borrow with usury if the borrower has to return more than the principal to the lender. There are permissible forms of real estate financing if they adhere to controls, including: financing through deferred sale (بيع آجل), financing through Murabaha for a term (مرابحة لأجل), financing through Istisna' (استصناع), and parallel Istisna' (استصناع موازي).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/103670
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- Ftawy
- Original fatwa ID
- 103670
- 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