For five years after moving to Houston, Pakistani immigrant Abdul-Jabbar Khan rented an apartment even though he had saved enough money to make a down payment on a house. The 43-year-old kidney ...
(The Conversation) — The growth of “halal mortgages” over the past 20 years has expanded financial access to homeownership for many Muslims. Halal mortgages provide interest-free loans in keeping with ...
Editor’s note: This article, distributed by The Associated Press, was originally published on The Conversation website. The Conversation is an independent and nonprofit source of news, analysis and ...
A quiet revolution is brewing in the world of Islamic mortgages but don’ be surprised if you haven’ heard too much about it. In his last Budget chancellor Gordon Brown decided to scrap the double ...
For observant Muslims who own their homes, paying for them with a conventional mortgage that uses interest is haraam, or forbidden. While several forms of Islamic mortgages offer acceptable forms of ...
09 March 2008 An interview with Wasim Saifi, the chief executive officer of Tamweel Finance, is very special to The Business Weekly for more reasons than one. For one, it comes at a time when the ...
For many Minnesota Muslims, it’s been virtually impossible to buy a home, because Islamic law forbids the paying or charging of interest. To help close the home ownership gap among Muslim immigrants, ...
The UK's Islamic mortgage market could today be worth as much as £9.2bn in balances outstanding, despite being worth just £0.04bn due to combination of factors that have served to suppress the ...
Sberbank and real estate service Domclick have increased the availability of the Murabakh Mortgage product, which can now be used by residents of all regions of the North Caucasus. Previously, the ...
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