What Makes An Islamic Mortgage Halal: Revision history

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10 September 2024

  • curprev 21:1721:17, 10 September 2024‎ MoraSchofield9 talk contribs‎ 7,119 bytes +7,119‎ Created page with "The home buyer borrows money to purchase a house, agreeing to pay it again over a time period, with added interest. The short answer is that what some call an Islamic mortgage isn’t actually a mortgage loan in any respect. Islamic home financing might look much like a mortgage in some ways, but it is based on a wholly different foundation. Islamic home financing is freed from riba (loosely translated as interest), and it's a halal (or permissible) way for faith-conscio..."
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