9759
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05 / 08 / 2026
Please note: this fatwa has been translated by artificial intelligence.
Buying a House Through the Bank
I want to buy a house through Cairo Amman Bank. The process is that the bank sends an appraiser, then the bank buys the house. If it buys it for fifty thousand, for example, it sells it to the buyer for sixty thousand, and the house remains in the name of the bank until the payment is completed, then the ownership is transferred to the buyer after the full amount is paid?
Answer
I say, and with God's success: It is well known that this bank deals in selling through usury, so the contract with it is usurious and thus forbidden, and God knows best.
