Is it permissible, Islamically, to purchase a home through a bank that buys the house and sells it to the client in installments after calculating its profit, with a request for a 20% down payment?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the bank owns and possesses the house, then sells it to you in installments for a known and specified price and installments, then this sale is permissible. There is no issue with the bank requiring a down payment.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/182698
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 182698
- 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