Is it Sharia-compliant for someone about to get married to acquire housing through a co-ownership sale program, in which the bank contributes 50% to be repaid in installments, along with a 20% down payment and a 30% grant from the Housing Fund?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the bank's contribution to the home purchase program is limited to interest-free loans (), then it is permissible to enter into this contract and purchase the home. However, if the loan involves interest, it is not permissible due to its inclusion of usury (riba).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/64140
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 64140
- 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