MUSLIM

Published by Homes by Wajiha | Muslim Realtor Serving Central Jersey, NJ What Is Islamic Financing? Islamic financing — also referred to as halal financing or Sharia-compliant financing — is a method of purchasing real estate that avoids riba (interest). Under Islamic law, the charging or paying of interest is considered haram (forbidden). Because conventional mortgages are interest-based, many Muslim home buyers in the United States seek alternative financing structures that