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The question

Is it permissible to take out an interest-bearing loan from a non-Islamic country to complete the construction of a house in an Islamic country, by analogy with the fatwa that permits interest-bearing loans for purchasing a house in non-Islamic countries due to high rent and necessity?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is true that necessity permits the forbidden, such as Riba (usury/interest), but on condition that the necessity is genuinely present, meaning that the individual reaches the point of perishing or near perishing if they do not partake of the forbidden. Also, the necessity must be current, not anticipated, and there must be no other means to دفع it. Therefore, borrowing with Riba to purchase a home for future residence is not considered a necessity that permits the forbidden.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
187485
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.
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Read the full answer on Ftawy