Is it permissible to purchase an apartment on a contributory installment plan, where the first installment is paid before construction, and subsequent installments are collected according to the three construction phases, with the state contributing 30% of the amount?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Purchasing apartments falls under the contract of Istisna' (manufacturing contract), which has been approved by the Islamic Fiqh Academy with two conditions: specifying the type, kind, quantity, and required characteristics of the manufactured item, and defining the deadline. In this contract, it is permissible to defer the entire price or pay it in installments. It is also permissible to include a penalty clause unless there are unforeseen circumstances. Therefore, if the apartment is purchased with a description that removes ambiguity and is free from other -prohibited elements, then it is permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/45593
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 45593
- 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