Is it permissible to transfer ownership of an apartment provided by the state, for which installments have been paid to the bank, to another person in exchange for a sum of money equal to or exceeding what has been paid, knowing that the apartment is subject to a late fee which the questioner considers usury, and that the transferee will acquire it under the same conditions?
It is impermissible to stipulate a late fee on the debtor if he delays in paying the installment, because this is usury (riba). Since the contract has already been executed, you are not obligated to dispose of the apartment. Be sure to avoid incurring any late fees.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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