By: Idrees Muhammad Butt

Islamic Financing or Halal Mortgages for Residential or Business

Tags: islamic financing, halal financing, halal mortgages, halal financing, sharia financing, Sharia mortgages, islamic loans, islamic banking

 

Islamic finance or Halal financing is that complies with sharia. Some of the modes of Islamic banking/finance include Mudarabah (Profit sharing and loss bearing), Musharaka (joint venture), Murabahah (cost plus), and Ijara (leasing). One of the most important law of Sharia prohibits riba, or usury, defined as interest paid on all loans of money. 

The demand for Islamic Financing in Canada continues to grow at a rapid pace and the availability of Shariah compliant financing products remains at a minimum.  If you’re looking for a Halal or Islamic Financing in Toronto, Ottawa, Vancouver, Montreal or any of the major cities in Canada, you may find a challenge in finding one that satisfies your concerns. However, there are different options available to the buyers for islamic financing at affordable cost. 

If  you are looking to make a change in your Real Estate Portfolio or you are a First-Time Home buyer, make sure you looking for the right advice and expert to consult for your Real Estate Needs and financing options. You are encourged to contact me for the best advice for being  your Trusted, Experienced and one-stop-shop for all your Real Estate Needs!!

 

 

 

 
https://hangouts.google.com/hangouts/_/google.com/idrees
1 Message Us On Facebook Message us on Facebook!
close