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Tag: IJARA
IJARA
Sharia law mortgages: Ijara method explained
The Ijara method is a Sharia-compliant way to finance home purchases for Muslims who wish to adhere to Islamic law, which prohibits paying or receiving interest (riba). Here’s an overview of how the Ijara method works in the context of Sharia law mortgages in the UK: Ijara Method Explained: Steps in the Ijara Process: Key… Read more