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The question

What is the ruling on buying a house that was foreclosed because its owner bought it with a bank loan and was unable to pay the bank's dues?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the house is mortgaged for the principal of the debt, and the courts or its owner have given permission for its sale, then it is permissible to buy it. However, if it is mortgaged for the usurious interests of the debt, then it is not permissible to buy it, because in this case, the bank's hand over it is that of a usurper, and buying it then is like buying from a usurper.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
93632
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.
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Read the full answer on Ftawy