Muslim Investing
Region: GB
Saturday 27 January 2024 20:18:23 GMT
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Shah :
calling interest a different name to justify yourself doesn't make it halal. u r still charging interest but at a much higher rate by calling it a fee
2024-01-27 20:59:44
16
gremlin_ewok :
Well this defeats the purpose isnt it?
2024-01-27 20:57:29
13
AbdulAbdoola :
in south africa. conventional banks offer Islamic finance. over 20 years it's like 3 x the amount u pay on a normal interest loan
2024-04-14 13:32:20
0
Sana Soor :
Erm Islamic mortgage is based on Bank of England based rate in UK
2024-01-31 13:14:52
2
UM :
Isnt the Root Main cause a lack of any Islamic Ruling system aka a Khilafah to ensure an economic framework is established rather than dependancy
2024-01-28 15:04:07
2
tm66187 :
What’s the fundamental difference? At the end of the day you’re paying money to borrow money
2024-01-30 15:24:36
3
MAS IMP&EXP :
True but it’s more greed than less competition
2024-01-30 04:13:33
2
Dubai Cash Stuffer :
Good to know! Thanks 😁
2024-02-19 17:21:04
1
MAYDEEN® :
Only thing I don’t get is its still pegged to the base rate
2024-01-28 01:51:59
1
ok :
so the reasons makes it ok as long as its halal... rent is dead money. unless your blessed with rich parents who can help. don't bother
2024-01-28 08:45:12
0
user202539 :
Why carnt companies provide higher terms though in Islamic mortgages
2024-01-28 09:02:50
0
Shah :
they want to help the ummah. so propety value 100k. they should say our fee is 10k. total 110k. nope theyre fee will be another 100k.
2024-01-28 16:19:44
10
Aj :
Why get a mortgage in the lands of the kuffar, invest back home or in the middle east where you can make hijrah and potentially buy a house.
2024-01-31 19:03:36
1
Truthprevailsbydefault :
No need to buy a house we’re all travellers in this dunya. Clearly having Islamic mortgage means you’re worse off, just to be a home owner? No thanks
2024-01-28 07:50:23
6
Barry Smallwood576 :
nahh. not convinced. all the same. paying more than borrowed. it's like free range vs caged eggs. you can't tell the difference in an egg sandwich.
2024-01-30 18:52:46
4
jamzy2k20 :
Islamic mortgages literally use interests rate synonymous to the bank it’s a loan with extra steps
2024-03-04 13:46:23
1
Shah :
why play with words and definitions. interest is a war with Allah. this Dunya is nothing. put down deposit today. die in your sleep. is it worth it.
2024-01-27 21:15:22
1
user9745060179095 :
we have sharia compliant methods, look to primary finance, crowdtolive and heylo
2024-01-28 18:27:09
0
bothecat187 :
Islamic Mortgage is a scam
2024-01-27 22:45:17
9
The Saint :
its a CON
2024-01-28 07:30:39
2
Raja_Omar_ :
No such thing as halal , they all make money while manipulating Muslims
2024-02-28 10:38:52
1
mohamedk512 :
Islamic mortgages are literally conventional mortgages with a different name
2024-02-03 23:41:49
1
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