Islamic home financing and energy saving tips - ijaraCDC

Islamic home financing and energy saving tips

Islamic home loans are a great way to stay Sharia compliant and away from riba, but if you’re really interested in saving some serious money on energy costs, you’ll need to learn some techniques for cutting down on consumption. Following are several tips that are so effective that if you use only one of them, you’ll see a difference in your energy bills.

  • Turning off lights. It sounds too simple to be true, but if you just remember to flip the switch when you leave the room, you’ll be saving a good portion of wasted energy and putting money back in your pocket.
  • Turn down the thermostat. Just turning the thermostat down 1° means you can save up to 10% on your energy bill.
  • Make sure your washing machine is full. It’s important to remember that two half loads use up more energy than one that’s completely filled. If you can wash in cold water, even better when you’re looking for savings.

 

Finally, using energy saving bulbs is just as smart as signing on for those Islamic mortgage loans. These can last up to 10x times longer than ordinary bulbs.