Back to search
The question

What is the ruling on an elderly person selling their house for less than its market value, on condition that they remain in it until their death, in addition to the buyer paying an agreed-upon monthly income to the seller until their death?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

This transaction contains two impermissible elements: the unknown duration of the seller's occupancy of the house, and the unknown price due to not knowing the number of monthly rent installments. To rectify it, a known duration for the seller's occupancy must be agreed upon, and the total price of the house must be determined.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
138076
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