Learn 4 of Gen Z’s Playbook on Halal Homeownership

You’ve got the career, the responsibilities, and probably a few group chats filled with real estate memes and “should we move to Texas?” debates. But buying your first halal home still feels like a mountain, right? 

Enter Gen Z: the younger, TikTok-savvy generation that somehow figured out how to buy homes while still using phrases like “vibe check.” And guess what? Their strategies actually work—and they’re halal. 

Let’s take some pages out of their playbook and see what makes them work. 

Strategy #1: More Income, More Buying Power

In buying a home, the more income you generate, the higher your buying power is. Gen Z isn’t waiting for one paycheck to do all the heavy lifting. They’re stacking halal income like it’s Eid money.

One way they do this is by pooling resources among young couples or friends, resulting in a higher down payment amount that will lower monthly rates. Others opt to look for side hustles to generate more income and boost their buying capabilities. Freelancing, online businesses, tutoring—if it’s halal and pays, it’s fair game. Then there are those who prefer smart budgeting through mobile apps. You can track every dollar like it’s a rare Pokemon.  

Strategy #2: Opting for Lower-Cost Locations 

Another tactic Gen Z Muslims have realized is that you dont’t need to live in a trendy downtown shoebox to thrive. I mean, why rent a small condo in the city when you can get a 2-bedroom home for nearly the same price in a nearby town? 

While major cities offer more work opportunities and higher-paying jobs, homes tend to cost more. Thanks to the popularity of remote work options, they can still keep their income while keeping their mortgage costs low. Plus, a more peaceful and larger property won’t hurt anyone, which is always a good thing. 

Strategy #3: Family Support = The OG Crowdfunding 

Let’s be honest: Muslim families are the original GoFundMe. Whether it’s your parents, your khala, or your cousin who “knows a guy,” support is often just a phone call away. 

Many Gen Z Muslim homebuyers use gift money from parents and relatives for either the down payment for their home or as funds for monthly payments. If your parents are offering help, take it—with gratitude and proper documentation. It’s not a handout; it’s barakah. 

Want to learn how to use gift money for your halal home purchase? Check out an article we prepared regarding the subject.   

Strategy #4: Halal Financing That Actually Makes Sense 

Mortgages can be confusing. Add “halal” to the mix and suddenly you’re deep-diving into Islamic finance blogs at 2 a.m. But don’t worry—there are legit options out there. 

There are multiple ways Gen Z can afford their first home, thanks to federal and state assistance programs. Checking for qualification on programs like FHA loans, downpayment assistance, and other homebuying options can reduce the costs and hassle of the homebuying process. 

Moreover, these can be made 100% halal through ijaraCDC’s various investor-led programs. Our home acquisition programs complement traditional and government programs, so you’re getting the best of both worlds. It’s like hummus and pita—better together. 

It’s time to stop assuming halal financing is too complicated. Gen Z cracked the code—you can too. 

The Dream of Halal Homeownership is Stronger than Ever 

You’ve got the experience, the income, and the intention. Now, with a little Gen Z-inspired creativity and a whole lot of dua, your first halal home is within reach. 

So go ahead—channel your inner Gen Z. Start that side hustle, explore new neighborhoods, and lean into your support system. Your dream home is waiting, and it’s more achievable than ever.