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The question

Is it permissible to purchase an unbuilt house through a monthly installment system where the value of the installments increases with salary raises, and is this considered usury (riba)?

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

For a sale to be valid, the price must be known. This is not achieved by linking the price to a salary increase or inflation. Purchasing an unbuilt house in monthly installments is done through an Istisna' contract.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
188967
Imported
Translation status
Source text, unreviewed
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