November 24, 2025 5 mins
Is It Permissible to Purchase a House Through a Life Annuity Contract?
Answered by Shaykh Muhammad Carr Question In a country without Islamic banks, is it permissible to purchase a house through a life annuity contract, where the buyer pays a reduced price along with monthly installments for a fixed period, while the current owner continues to live in the house until the contract term ends? Answer In […]