Conventional and Islamic finance of home purchase : Islamic mortgage

السؤال

Assalamu Alaykum, I am looking to buy an apartment in Vancouver, Canada. I have enough cash to put a 50 % down payment from the asking price which is $ 260,000. For the rest of the 50 %, what type of mortgage would you recommend ? From what I read about "Islamic mortgages", many of them seem to be Ponzi schemes designed by non-Muslims to put wool over our eyes. So do you know any type of "Islamic mortgage" that is truly Shari’ah compliant from any known financial institution in Canada ? Please let me know because I have found one "Islamic" mortgage only to find out there was a fatwa saying it is nothing more than a Riba-based mortgage. Jazakallah Khair

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2010-08-07

التخصصات الرئيسية

العلوم المالية و المحاسبية
الأديان
الدراسات الإسلامية

الموضوعات

• المصارف
• الفقه الإسلامي
• الإسلام
• الإسكان
• التمويل
• القروض
• الشراء
• الرهن العقاري
• المصارف الإسلامية

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-734960

• APA
• MLA
• AMA