Is it permissible to take a bank loan to buy a residence (a house or an apartment) for the purpose of living in it, not for trade or profit?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Borrowing with interest is forbidden usury, whether it is for buying a house or anything else. We have previously clarified the state of necessity in which borrowing with interest is permissible in Fatwas No. 33095 and 31037.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 57686
- Imported
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