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The question

Is taking a loan from an institution with a small interest rate to buy an apartment, coupled with a subsidy of 12.5% of the borrowed amount, considered haram and usury (riba)? And does the sin fall on the husband alone, or on both of them, if the husband takes a loan from the bank with interest, and this is his only means to buy his share of the apartment?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is forbidden to purchase an apartment through an interest-bearing loan, because this loan is considered unlawful usury (riba). Allah has threatened those who deal in usury with severe punishment. Therefore, a Muslim must keep away from it. If the husband insists on taking a usurious loan, then the sin falls upon him alone.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
19008
Imported
Translation status
Source text, unreviewed
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