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22 / 06 / 2026
Buying an Apartment Purchased Through a Usurious Bank
A person wants to buy an apartment from another person, but the owner purchased it through a usurious bank and still has remaining installments to pay to the bank. Is it permissible for the person who wants to buy to continue paying the remaining installments to the usurious bank, knowing that the remaining installments are the original price of the apartment?
Answer
I say, and with God's help: It appears that he will enter into a new contract with the bank, and it will be an usurious contract, which is not permissible, and God knows best.
