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Subject : What is the ruling on obtaining a house through the King Abdullah II project (Decent Housing for a Decent Living)?
Fatwa Number : 1448
Classified : Current Financial Issues
Fatwa Type : Summarized Fatawaa

Question :

What is the ruling on obtaining a house through the King Abdullah II project (Decent Housing for a Decent Living), knowing that we do not own a house, our financial situation is moderate, our current rental costs are high, and we are eight people living in the household?


 


 


 


 


 


The Answer :

If owning the apartment/house is done through the same institution/project then it is permissible, but if this took place through usurious banks then it is impermissible, since dealing with usurious transactions is unlawful. And Allah Knows Best.






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