Why take out an Islamic Mortgage?

As Muslims we are required to live our lives in accordance to the requirments of our faith. One of the most serious prohibitions in our faith is the use of interest. Practising Muslims living in the west have either decided to rent their homes in the past or have felt compelled to take out a conventional bearing mortgage as no sharia compliant have been available. Over the last decade several lenders have began to offer Islamic Mortgages. Now that there are genuine sharia compliant Islamic mortgages available in the market place which have been approved by leading Islamic Finance authorities we must seriously consider these options if we hope to live our lives in a manner which is pleasing to our creator.

Share Button

Comments are closed.