What is the ruling on real estate loans subsidized by the Algerian state, which impose an interest rate of 1% or 3% on the citizen, with the state bearing the remaining interest, given the absence of Islamic banks?

Any loan that guarantees interest for the lender is forbidden usury (riba), whether the interest is small or large. The Academy of Islamic Research in Cairo has issued a fatwa (definition) prohibiting interest on all types of loans, whether consumer or productive. Therefore, it is not permissible to take out a loan that includes an usurious condition, such as the calculation of interest, except in cases of dire necessity or pressing need.