Is it permissible to complete the purchase of an apartment and pay the maintenance deposit if the company invests this deposit in banks, government bonds, and treasury bills, knowing that the deposit money belongs to the residents and its returns are used for maintenance, and that if the purchase is not completed, a percentage of the apartment's price will be deducted?
If the deposit is in an Islamic bank that observes the rulings of Sharia, then there is no problem with it. However, if it is in a usurious bank and this cannot be changed, then it is advisable to cancel the contract, even if it incurs a financial penalty, out of fear of aiding usury. The need for housing can be met by a rented dwelling.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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