Why you need an ijara mortgage.
People need to move forward with their lives for a variety of different reasons and getting involved with real estate is made better when you get the money for the transaction through an ijara mortgage. There are several very good reasons why this is the preferred way to go even if you’re not a Muslim. For example, an ijara loan can keep you free from riba which is a form of usury and make sure that, if Islam is your religion, you get to enjoy all the benefits of owning real estate in North Amercia while staying Sharia compliant. There are other great benefits that have nothing to do with religion but parallel advantages that are offered by more traditional loans. With an ijara mortgage, you can buy and sell a family home or even get involved with business transactions that require mortgages. An ijara mortgage might be structured differently than a Western style loan, but what you can do with the equity you build up is the same. In other words, the pride of ownership that you get with an ijara mortgage is identical. It’s a great investment in your future whether you’re looking at commercial or residential enterprises.
