We know that Sharia financing can often look daunting to the untrained eye. Sharia mortgages are the best product on the market today for the devout Muslim and others who are looking to purchase real estate without getting tangled up with Riba, but you often need expert advice to navigate the waters and that’s why we’re here.
We know the primary role behind Sharia financing is making sure no one profits unreasonably from any sale or leasing agreement. Because sharia mortgages are designed to be fair to everyone involved in the transaction, it is important to consider the whole procedure from every angle. That is why we are here. Our trusted experts and advisers have years of experience with sharia financing and have the ability and desire to make sure each and every one of our clients is 100% satisfied.
Questions
We understand that people have questions about these mortgages and often want to know if they are only applicable to Muslims. Thankfully, the answer is no. Sharia financing is open to people of every different faiths. Other folks are very interested to know how they can tell whether the sharia mortgages they are about to select are in fact sharia compliant.
It’s a good idea here to do a little research and find out what scholars say about the particular company and products you are looking at. Remember that any sharia financing company that is credible will have the names and signatures of scholars to bolster their reputation in the marketplace.
It is also important to remember there are some similarities between traditional and sharia mortgages. For example, you will need to have a good credit history to get sharia financing and have a similar down payment to the one you would use with a more traditional Western mortgage.