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The question

What is the ruling on dealing with Qatar International Islamic Bank for financing the construction of a house, given that the bank repays the financing amount in installments with an increase over the original amount?

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

It became clear after inquiry that the aforementioned bank does not finance the purchase of real estate in Sudan, nor does it conduct Murabaha operations for purchasing homes there, due to the absence of an agent bank in Sudan. The regulations of the Murabaha contract have been previously outlined in prior fatwas.

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
45209
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