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The question

What is the ruling on purchasing a house through Zitouna Bank in Tunisia according to the steps mentioned, and is this transaction considered permissible (halal) or forbidden (haram)?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The aforementioned transaction involves two prohibitions: the bank's condition that the client take out commercial insurance on the house and life, and the late payment penalty, because it is a form of usury (riba). If the transaction were free from these two prohibitions, there would be no objection to it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
123211
Imported
Translation status
Source text, unreviewed
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