The Ruling on Sale with Installment Payments

Question:
Honorable Shaykh, may Allah grant you success. A woman asks and says: I have decided to buy a house with installments deducted from my salary. I found a real estate company that will buy the house for me and I will pay it in installments through one of the banks or one of the banks, and then when I finish paying the installments, they will hand me the deed to this house. Is this permissible?

Answer:
If they own the house and sold it to you in installments, there is no harm. And they pledge the deed; they pledge it when they settle. This is fine. But if they do not own the house, and rather they buy it for you, paying the price from their own funds and installing it for you, this is a riba (usury or interest) loan. They lent you the price of the house with an increase. Because they did not own the house at the time of the contract, and they did not buy it for themselves either; they bought it for you and paid its price on your behalf. This is not permissible. Yes.