Conventional and Islamic finance of home purchase : borrowing to buy a house

Fatawa Question

Dear Dr Kahf As Salaam Mu Alaykum Hope that all is well with you and yours by the Grace of Allah. Whilst here an opportunity has arisen to purchase a property in Miami for about $ 500,000 USD and we were hoping that you could point us in the direction of the appropriate lending agency for this or any other guidance in these matters. In Sha-Allah I hope we can be in touch. Was Salaam Kashir

Fatwa

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Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

• Islamic jurisprudence
• Housing
• Financing
• Loans
• Purchasing
• Real property
• Commercial finance companies
• Usury
• Subprime mortgage

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-734901

• APA
• MLA
• AMA