Is it permissible to purchase a house with usurious financing, knowing that the interest on the loan is taken upfront and that the buyer will bear the repayment of the remaining loan without an increase?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to buy a house through a usurious bank due to the Shariah prohibitions involved, such as opening an account with it and paying interest upon delayed payment. The solution is for the sale to take place directly between you and the homeowner without the bank's involvement, and for the homeowner to pay their installments to the bank.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/70835
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 70835
- 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