Is installment payment with bank interest for the company to buy a house considered permissible or forbidden?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
The question is unclear, but if the company sells the apartment at a specific price and its profit is included within the total price (the 40% paid in installments), then there is no harm in that. However, if the interest is added to the remaining installments as a result of debt or installment payments and is not part of the agreed-upon price, then this is explicit usury (riba) and is not permissible.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/92137
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 92137
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy