Is it Sharia-compliant for someone about to get married to acquire housing through a co-ownership sale program, in which the bank contributes 50% to be repaid in installments, along with a 20% down payment and a 30% grant from the Housing Fund?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the bank's contribution to the home purchase program is limited to interest-free loans (), then it is permissible to enter into this contract and purchase the home. However, if the loan involves interest, it is not permissible due to its inclusion of usury (riba).
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/64140
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- Original fatwa ID
- 64140
- Imported
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