Is the late payment penalty in a real estate installment purchase contract, which the buyer can avoid signing and merely initial, considered a deception?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Stipulating a financial penalty on the buyer for delaying the payment of installments due is a forbidden and void usurious condition. It is not permissible to accept it or fulfill it, whether it was a pre-condition or not. As for not signing and merely writing initials to indicate rejection, this matter should be referred to specialists to determine whether it constitutes acceptance or not.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/195930
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 195930
- 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