Islamic Home Financing: How Does it Work?

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 vs. Islamic Bonds (Sukuk)

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)