Is it permissible to buy a house through the bank with an interest rate, knowing that the borrower has the financial capacity to pay rental installments?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Purchasing a house through an interest-based loan from a bank is forbidden in Islamic law. It is explicitly prohibited and not merely a matter of doubt. Several fatwas have been issued to this effect by scholars and Fiqh academies. Your friend can look for permissible alternatives for ownership, such as Murabaha (cost-plus financing) with deferred payment, or Istisna' (manufacturing contract) through institutions and companies that offer such transactions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/113196
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 113196
- 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