Is it permissible to purchase a house for residence with bank interest due to the difficulty of renting, especially when one has children or for religious reasons?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Purchasing homes with interest imposed by usurious banks is forbidden (), except in cases of extreme necessity if a person cannot find rental accommodation. However, increasing the price of a house due to deferred payment, whether the price is paid in installments or in a lump sum, is permissible.
Summarized from the full answer at Ftawy · imported
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- Ftawy
- Original fatwa ID
- 50197
- Imported
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- Source text, unreviewed
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