7 Practical Means to Save for a Down Payment

Person holding a selection of us dollar bills for a down payment.

For most home buyers, the thought of saving for a down payment can be a daunting task. I mean, shelling out 20% of the home’s value isn’t a small amount that you’ll have on a whim, right?  Don’t worry, we’re here to help you out. We’ve prepared some practical things you can do to prepare…

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Home Renovation Factors and Expenses to Consider

Interior space undergoing home renovation with ladders and construction materials.

Home renovation projects are needed every few after years as paints fade, wallpapers fall off, tiles lose their luster, and roofs need replacements. Renovating your home involves time and money; deciding when and where to start is crucial so you can plan your budget and schedule to minimize your inconvenience. Here we will discuss some…

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Finding an SBA Loans for Small Business

Group of professionals engaged in a business meeting with documents regarding an SBA loan.

In this economy, small businesses need help to keep up in their industries. The Small BusinessAssociation or SBA provides loans to assist those who are struggling in their businesses. SBA-backed orSBA loans have a high approval percentage compared to any business loan, plus they have various loanoptions you can choose from. As an owner of…

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3 Essential Factors When Buying Your First Home

Two people from behind, one pointing upwards, standing in front of their first home.

Your first home is the one that will be filled with many memories. Buying a house that suits your family and lifestyle is essential as you will live in this home for a long time. We gathered three factors that will help you in choosing your first house.  The Place of Your First Home The first…

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Alberta Gets Involved with Islamic Leasing

Suburban two-story house with a well-manicured lawn and attached garage, available through Islamic leasing.

The government of Alberta in Canada is expanding the type of financing it provides. The focus is being able to provide Halal mortgages that require Islamic leasing elements. The provincial government in Canada is using a regulatory sandbox to experiment with Islamic leasing in Halal mortgages. This sandbox allows financial firms in Alberta to experiment…

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Rising Interest Rates and Their Impact on Muslim Investors

Three-dimensional green houses on a financial graph indicating market trends and interest rates in the real estate sector.

Being a Muslim doesn’t mean we live in a bubble, especially concerning finances and living in a Western country. Like it or not, market changes like increases in interest rates or stock price drops can directly or indirectly affect how the Islamic financing world functions. To keep you updated, here is what is currently happening…

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