Is it permissible, Islamically, to purchase a home through a bank that buys the house and sells it to the client in installments after calculating its profit, with a request for a 20% down payment?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the bank owns and possesses the house, then sells it to you in installments for a known and specified price and installments, then this sale is permissible. There is no issue with the bank requiring a down payment.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 182698
- Imported
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