Is installment payment with bank interest for the company to buy a house considered permissible or forbidden?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The question is unclear, but if the company sells the apartment at a specific price and its profit is included within the total price (the 40% paid in installments), then there is no harm in that. However, if the interest is added to the remaining installments as a result of debt or installment payments and is not part of the agreed-upon price, then this is explicit usury (riba) and is not permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/92137
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 92137
- 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