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Senior Researchers Council member Sheikh Abdullah Al-Mutlaq explained today (Thursday) the decision regarding whoever purchases land through the bank, whereby the bank buys the land for the beneficiary at their request. , records it in his name and calculates it on him in installments.
In an interview with “Fatawa” on the “Saudi” channel, he said it was acceptable for the beneficiary to ask the bank to buy land for him in exchange for a certain profit, stressing that this was considered a sale of murabaha with the purchase order.
# Fatwas_program | A questioner asks the question of buying land through the bank which buys it and registers it in my name, the mortgage and calculates it on me in several installments?
His Excellency Sheikh Abdullah Al-Mutlaq – Member # Senior researchers He answers.#Saudi_Channel pic.twitter.com/PhBFhNVFhv
– Saudi channel 🇸🇦 (@saudiatv) December 24, 2020
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