Is the system of reserving apartments through real estate financing in Egypt, which involves paying installments that increase by 7% annually, considered usury (riba) or installment-based payment (taqsit)?

There is no harm in the installment system, whether the installments are fixed or increasing, as long as the installments are known and there is no late penalty. The provision of cash support by the Real Estate Finance Fund does not prohibit the purchase of the apartment, as long as the transaction between the buyer and the owning entity is not usurious.