Is it permissible to take a bank loan to buy a residence (a house or an apartment) for the purpose of living in it, not for trade or profit?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Borrowing with interest is forbidden usury, whether it is for buying a house or anything else. We have previously clarified the state of necessity in which borrowing with interest is permissible in Fatwas No. 33095 and 31037.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/57686
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- Ftawy
- Original fatwa ID
- 57686
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- . 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.
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- Read the full answer on Ftawy