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Sharia Investment Helps us Muslims Go Owning a home Dream

Sharia Investment Helps us Muslims Go Owning a home Dream

Khadijah Sahak, 59, sits on the living room of her neatly-kept townhouse in the Sterling, Virginia. The Afghan reports system broadcasting out of their particular wall surface-climbed apartment-monitor tv is sharing brand new Taliban.

It leafy Arizona area is actually quite a distance on the refugee camp in Pakistan where Khadijah’s members of the family states it stayed immediately after making Kabul into the 2002.

Regarding lease design, this new Islamic lender sales our home and rents they into buyers in a rent-to-own style of contract

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On commitment design, states Sabahi, the Islamic lender and you may buyers find the household together. The consumer slowly requests the fresh new bank’s show of the house whenever you are along with purchasing a fee for consuming our home.

To be done properly, claims Sabahi, the lending company has to it is choose the house, get it immediately after which transfer which control to help you its customers.