The Permanent Fatwa Committee of AMJA, the Assembly of Muslim Jurists of America, has conducted an in-depth study of the subject of buying homes directly from a bank (foreclosed houses) as it occurs in the United States of America.

Several members of the committee submitted working papers for discussion and mutual exchange of viewpoints, with deliberations continuing over the course of a number of sessions.

The Permanent Fatwa

Committee also consulted AMJA's Higher Advisory Board due to the contemporary nature of this transaction and the frequency with which Muslims have been asking about it, especially after the recession currently dominating the real estate market in the United States as well as the general fact that Muslims are increasingly expressing interest in permissible home-buying methods.