What is the ruling on investing money in housing projects and shopping centers that sell residential or commercial units before their construction, with a discount offered for cash payment, either through an immediate deduction from the total price or a discount from future installments?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to sell apartments and shops before their construction, provided that their description removes any ambiguity, whether the price is paid immediately or deferred. This is known as an Istisna' contract (manufacturing contract). If the one who pays the full price receives a 10% discount, there is no harm in that. It is also permissible to buy land with an immediate or deferred price, because installment sales are permissible except in cases where the exchange of both countervalues is stipulated to occur in the same sitting.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/16775
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 16775
- 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