Is it permissible to purchase an apartment through an Islamic bank for 25,000 dinars, to be paid in installments over twenty years, making the total amount paid 50,000 Jordanian dinars?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the Islamic bank genuinely acquires ownership of the apartment and then sells it to you in installments, there is no objection to this transaction, whether you pay a portion of the price as a down payment or not.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/133399
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 133399
- 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