Is it permissible to take out an interest-bearing loan to buy an affordable apartment due to the unavailability of the required amount and the impossibility of obtaining a benevolent loan?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Riba (usury/interest) is one of the gravest major sins, forbidden by text and scholarly consensus. It is not permissible except in cases of dire necessity. Purchasing a home is not considered one of the necessities that permit riba, as long as it is possible to obtain housing through rental. The Permanent Committee has forbidden taking interest-based loans for construction or anything else.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/16201
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 16201
- 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