The ruling on buying a house on installment from an institution
Machine translationRead the Arabic original
Question:
He says: I want to buy a house for myself and my family, but I am weak and my salary is very low, and I want to take it from one of the institutions that buys it for me, and then I pay this institution in installments.
Answer:
There is nothing wrong with that, provided there is no riba (usury or interest) in it; if there is no riba, there is nothing wrong with it. However, it is better for you to wait until Allah makes it easy for you to buy or build the house, and then you do so. This is the best for you, and do not resort to borrowing or to what you mentioned. Yes.
He says: I want to buy a house for myself and my family, but I am weak and my salary is very low, and I want to take it from one of the institutions that buys it for me, and then I pay this institution in installments.
Answer:
There is nothing wrong with that, provided there is no riba (usury or interest) in it; if there is no riba, there is nothing wrong with it. However, it is better for you to wait until Allah makes it easy for you to buy or build the house, and then you do so. This is the best for you, and do not resort to borrowing or to what you mentioned. Yes.
Source
نور على الدرب - الفوزان - 03/062 — archive.org (16:27)
The Arabic text is a machine transcription of the audio recording.