Is it permissible for me to purchase a larger apartment through real estate financing from the bank where I work, at a simple rate of return?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Detailed discussions regarding common forms of real estate financing, including financing through interest-bearing loans, which is forbidden due to the prohibition of usurious borrowing, have been previously addressed in No. 102554.
Among the permissible forms of real estate financing are Murabaha and parallel Istisna' financing, as explained in Fatwa No. 46261.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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