(The Conversation) — The growth of “halal mortgages” over the past 20 years has expanded financial access to homeownership for many Muslims. Halal mortgages provide interest-free loans in keeping with ...

'Can we say no?' ...

Aug. 3—Sophie Mutamuliza and Adam Abeza came to the United States from Rwanda 10 years ago, eager to pursue the American dream. By 2016 they had settled in Portland and began saving to buy a house for ...

Sharia-compliant savings accounts and mortgages operate under Islamic principles. However, you don’t need to be Muslim to apply for one. Here, we explain exactly how Sharia savings accounts and ...

For Sophie Mutamuliza, buying a house has been a long-term goal for her and her husband since they moved to Maine from Rwanda nearly a decade ago. “It’s been our dream,” she said. “It’s been our dream ...

Between 40% and 45% of the population of the GCC states are less than 21 years old, so there is ever-increasing housing demand and an ever-expanding property bubble. Finally, the sound of a ticking ...

When Abdallah Sulaiman, a Muslim immigrant, set out to buy his first home in the United States, he was determined to avoid riba – the Islamic term for interest, which is forbidden in Islamic law, or ...

For observant Muslims who own their homes, paying for them with a conventional mortgage that uses interest is haraam, or forbidden. While several forms of Islamic mortgages offer acceptable forms of ...

The securitisation of mortgages will be the next catalyst of growth for Islamic finance once financial markets have calmed down, an executive said on Monday.The Islamic finance industry is striving to ...

Islamic banking seeks to avoid the charging of interest, which many Muslims describe as “usury”.

Islamic finance is on the rise, gaining prominence across the world, thanks to a number of sharia-compliant institutions achieving increasing acclaim within the global banking industry. However, many ...