Is informing the client about the existence of 4% of the unit's value as a deposit for maintenance and shared guardianship considered participation in a usurious transaction, given that the amount has no relation to the employee's salary or commission and is placed in the name of the project or the owners' association?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the matter is as mentioned, then informing the client about the bank deposit is not considered participation in usury. Those in charge should be advised to deposit the money in an Islamic bank.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/22971
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- Original fatwa ID
- 22971
- Imported
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