Can the bank in this case be considered as an owner of a property selling it at a profit margin, especially since it does not lend directly to the person?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to purchase an apartment through the bank if the bank buys it and takes possession of it, then sells it to the client for a deferred price. It is not permissible if the bank lends the client a sum of money to be repaid with an increase.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/100217
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 100217
- 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