Buying a house from a company and then selling it to the customer in installments
Machine translationRead the Arabic original
Question:
There are companies that buy the house you choose for you, then put the house in the company's name, and then the company sells the house to you in installments.
Answer:
This is what we mentioned regarding banks: they take you to people's properties, to companies or showrooms, and say to you, "Look, or to lands or houses, look for what suits you." They have nothing themselves; you look for what suits you, and then bring us a specific amount, and then they buy it. This is not permissible because when you go to them, they have nothing. So do not go except to people who have goods to buy from. Yes.
There are companies that buy the house you choose for you, then put the house in the company's name, and then the company sells the house to you in installments.
Answer:
This is what we mentioned regarding banks: they take you to people's properties, to companies or showrooms, and say to you, "Look, or to lands or houses, look for what suits you." They have nothing themselves; you look for what suits you, and then bring us a specific amount, and then they buy it. This is not permissible because when you go to them, they have nothing. So do not go except to people who have goods to buy from. Yes.
Source
الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - 046-كتاب البيوع - شروط البيع - 26-1-23 هـ — archive.org (38:30)
The Arabic text is a machine transcription of the audio recording.