Islamic finance and some great first time home buyer tips - ijaraCDC

Islamic finance and some great first time home buyer tips

Being prepared for your new adventure as a homeowner means understanding Islamic finance as well as all the other new responsibilities that you’ll be taking on. I islamic sharia law is an excellent tool for keeping you away from riba and other kinds of usury, but there are loads of other tips that came come in handy. Following are just a few that you’ll find helpful. • Look at the kind of home that best suits your needs. A single family dwelling or a townhouse or even a condo. These are just a few of the choices that you’ll need to sort through and the best way to do that is look at your needs both now and into the future. Are you buying a home to turn around and sell it in just a few years or is the place going to be a more permanent dwelling? You need to approach this aspect of home ownership as carefully as you did when you were looking at Islamic financing for the first time. • Do you need to have special features in your new home? If so,