Posts by Ijara Community Development Corp
Your ijara mortgage and low interest rates
As you’ve more than likely heard by now, these are great times to invest in real estate and an ijara mortgage. Interest rates are historically low and that means that, even though the trust deals with that aspect of your islamic finance, you stand a better chance of paying the loan off more quickly in…
Read MoreSome great tips for an outstanding ijara loan renovation
/Once you’ve decided on an ijara loan, you want to be sure that you’re spending the money you get wisely and that means being careful especially when you start renovating the place. Ijara loans can help you increase the equity that you get by owning a home, but you need to proceed with caution. Here’s a few…
Read MoreFinding a Good Interior Paint for Your New Ijara Home
Giving your new home good interior paint is a great way to revitalize any room! But choosing the right hue or color combination can seem daunting when there are so many paint color options. Deciding on the spot that you want to paint and finding the project’s total area is usually the first step. Below,…
Read MoreMoving In With Your New Ijara Home – Sharia Compliant
Congratulations on securing your house under IjaraCDC. Long-distance relocating can be difficult on its own, let alone moving into a new home; whether you chose a top-notch moving company to transfer your items/used a less expensive service. Here are some tips to make sure that you are prepared for the moved in and out. 1.…
Read MoreIslamic finance and the next steps
Now that you’ve got islamic finance and the keys to your new home, you might be wondering what the next steps are after you’ve moved in and been living there for a while. An ijara mortgage will certainly get you the keys to the place, but you’ll need a lot more information to keep your new…
Read MoreWhat you’ll need for an ijara loan.
Getting an ijara loan is much easier when you know what you’ll need to qualify. Although there are some differences between ijara loans and the more traditional western variety, there are a few similarities when it comes to qualifying. Employment. You need to convince the lenders that you’re not going to pose an unnecessary risk for repayment so…
Read MoreYour ijara mortgage and what you need to know about carbon monoxide
With an ijara mortgage in place you are sharia compliant and you might think invincible, but that’s far from the case as a new homeowner. Carbon monoxide is an odorless poisonous gas produced by incomplete combustion of fuel like natural gas, oil and even kerosene. It’s important to keep in mind that CO produces many…
Read MoreIslamic finance and a summer house checkup
There are those people who get an Islamic finance product because they are interested in buying real estate in North America and staying on the right side of Islamic sharia law at the same time. However, even though they are interested in staying close to their religious beliefs, it’s important for them to understand they…
Read MoreIslamic sharia law and fire detectors: Working together for your safety
If you bought your house with Islamic finance you’ll likely already know that having smoke detectors can be a lifesaving idea. Islamic Sharia law dictates that you should stay away from riba, and a good smoke detector practice dictates that you should have one of these lifesaving devices on every floor of your house. Battery-operated…
Read MoreIjara financing and looking for the right property
Looking for the right property with your ijara financing already in place can be overwhelming unless you have a few benchmarks to go by. In your own neighborhood alone there can be several locations on the Internet with new subdivisions to look through and that’s to say nothing of the older homes that you can…
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