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: FtawySummary from Ftawy's records · added here 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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/22971
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 22971
- 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