Have you ever wondered how Islamic home financing options like University Islamic Financial and Guidance Residential work, and how they are different from conventional interest-based mortgages? First, let’s review how conventional mortgages work. The home buyer takes out a loan with a bank, for instance, and a fixed or adjustable interest rate is applied based… Continue reading Islamic Home Financing: How Does it Work?
Conventional bonds include corporate bonds sold by corporations and Treasury bonds sold by the government. These are considered debt investments. Basically, the investor is making a loan to a corporation or the government. The investor will receive a principal payment after the bond matures, or expires, but will also receive regular interest payments during the… Continue reading Conventional Bonds vs. Islamic Bonds (Sukuk)
As-salaam-alaikum and welcome. If you are looking for halal ways to make money, financing options for Muslims, and Islamic investing opportunities, read on.