Sharia compliant, no interest finance methods are what we specialize in at ijaracdc.com We’re here to look after structuring Islamic loans so you can enjoy the benefits of real estate in North America while staying true to Islamic religious beliefs that include the exclusion of riba.
How We Provide You With Quality Islamic mortgages
The process we employ is simple. Staying Sharia compliant means staying away from the interest lending institutions usually change their commercial and residential clients so ijaracdc.com starts off by creating a trust. This involves a lease to own agreement between our client and the trust that’s been set up.
There are similarities between these Islamic loans and more traditional loans. Both systems often require you to make monthly payments, but with the Ijara method, no portion goes toward an interest payment to the lending institution. There is still a profit earned but not through riba. This is the Sharia compliant path.
A Few Other Questions ijaracdc.com Can Answer For You
Once people understand the obvious benefits of using Islamic finance, they want to know more about the process. For example, many non-Muslims see the advantages right away and ask if the process is only open to people of the Islamic faith. Thankfully, the answer is no.
Anyone from any faith or people that don’t practice any religion are open to getting one of these Islamic loans so they can buy either a residential or commercial property. When other potential clients ask about the credibility of our Islamic mortgages, we let them know right away ijaracdc.com has a corresponding fatwa and other relevant supporting documents.
If you’re interested in learning about all the advantages you’ll get with Islamic mortgages at ijaracdc.com why not visit our website today?