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The question

What is the ruling on building housing through the Development Bank via a contemporary Istisna'a contract applied by the Development Bank for Qataris, and what are the conditions for the contract to be Sharia-compliant?

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

The permissibility of the Istisna' contract is a matter of scholarly disagreement, with some scholars allowing it under specific conditions. It is not possible to rule on the mentioned bank transaction without knowing its terms. However, generally speaking, if the dwelling is purchased according to the aforementioned conditions, such that it is described in a way that removes ambiguity and is free from শরী'আ-forbidden elements, then there is no objection to the contract according to those who permit Istisna'.

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
156479
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