What is the ruling on purchasing a house through Islamic banks using a Murabaha system, given the inability to view the contract details beforehand, the client's commitment to purchase after searching for the house, the bank's determination of its profits, and the payment of the amount in installments over the long term without changing its value, as well as the client's ability to sell the house before full payment? Is this considered a sale with two contracts in one? And when is dealing with these banks permissible or impermissible?
It is permissible to purchase a house through an Islamic bank if the transaction adheres to Sharia guidelines, such as Murabaha (cost-plus financing), whereby the bank owns the house and becomes responsible for it before selling it to the buyer. The price must be known to both parties and not subject to increase upon late payment. There is no objection to the bank taking a written pledge to ensure the buyer's seriousness.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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