Is it permissible for me to take out an interest-bearing loan from the bank to purchase a house, given the absence of savings or a lender, and that the loan will be allocated for housing, knowing that the installments will be affordable?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Islam has forbidden usury (riba) and made it one of the grave sins that incur Allah's wrath and punishment. The need for housing does not permit committing this major sin, as long as it is possible to obtain housing through rental; there is no necessity when this option exists.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/45661
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 45661
- 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