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Is it permissible for children to take out a loan in their mothers' names from the Real Estate Development Fund if the mother is unable to obtain the loan herself, knowing that their names will appear later on the list of beneficiaries?

1 min readAlso available in العربية

It is permissible to relinquish a Real Estate Development Fund loan to another person in exchange for a sum of money, provided that the Real Estate Bank approves this relinquishment and transfers the jurisdiction to the assignee. Financial rights may be sold for compensation, and the bank's approval is essential because the bank is a party in granting the loan.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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