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The question

What is the ruling on buying a house through a bank if the seller pays 30% of its value to the bank without interest, on the condition that the bank sells it to the buyer in installments?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible for the seller to lend the buyer a sum of money so that the bank can purchase the house from him, because this loan is considered a loan that draws benefit for the seller, and lending is only permissible purely for the sake of Allah. Furthermore, for the purchase of a house through a bank to be permissible, the conditions of -compliant Murabaha must be met, such as the bank genuinely owning and guaranteeing the house, and then selling it to the buyer without a prior obligation for the buyer to purchase it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
160393
Imported
Translation status
Source text, unreviewed
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