Is it permissible to purchase land with money obtained from a financing lease agreement for a house that the buyer owns customarily and his mother owns legally, whereby the mother transfers the bank's funds to him to purchase the land?
Source: FtawySummarized from the full answer at Ftawy · reviewed Sep 2, 2026
Defrauding the Murabahah party by conducting a fictitious sale is forbidden by Islamic law due to the deception it involves towards the bank and the suspicion of usury.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/164040