@khidribnmohammad: In this video I explain exactly how Islamic mortgages work, why they’re so expensive and what companies offer them. Comment any Islamic finance questions you have! #islamic_video #muslimtiktok #muslimtiktoks #islamictiktok #muslim #muslims #shariah #britishmuslim #prophetmuhammad #muslimwomen #islamicmortgage #islamicfinance
So, whatever “rent” payment that your making towards the house each month/year doesn’t increase your ownership percentage of the house. Which means the house will never really be your unless you add more money in. That’s crazy, If that’s the case then. why not just rent as normal because in this situation I’m only helped the bank by a house and not myself.
2025-05-18 19:36:52
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muad/معاذ :
paying rent that doesn’t contribute to ownership does feel unjust
2025-05-18 19:16:38
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Adam :
Also advise brothers in New Zealand🇳🇿, UK🇬🇧,USA,CANADA etc, Allah says go out there and see.... come to Uganda🇺🇬, lots of opportunities, valuable land. see beyond Europe
2025-08-29 05:26:52
0
TUP :
why don't you explain what happens if you fail to pay the rent there. 🤣
2025-05-18 17:56:24
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hasibjadoon5 :
Where is the islamic bank is getting money from.
2025-07-12 09:44:50
1
GaryM :
That’s not how it works , Ahmad wants to buy a house, Islamic bank buys it for him, then adds a profit, divide the total over let’s say 10 years (120 months) Ahmad pays monthly, when the house is paid off, Ahamd owns the house … it’s a fixed payment, no fluctuations!
2025-07-10 23:54:12
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HK :
I don’t understand why any Muslim wouldn’t do this instead of going to a conventional bank
2025-07-12 04:12:16
2
🐅 S A B R 🇵🇸 :
Bro explained the same concept twice with different terminologies and made the Islamic part more confusing to try fool the ummah. Astaghfirullah. That's what shytan does, no? Confuses you to think you're doing right by doing a wrong. 😂
2025-05-18 20:46:26
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Adam :
1,000,000£ one house in UK but 4 houses in Uganda and just like like you are into real estate
2025-08-29 05:28:20
0
Malik Alkamel :
If I can’t afford to keep paying the rent on my home under an Islamic mortgage, and I no longer want to live in the house — can I just walk away without any consequences? Will the bank take the loss, or will they still come after me and hurt my credit report, just like a conventional bank would?
2025-06-06 22:33:39
2
Jeffrey of Arabia :
If you cant afford a house in cash, then you cant afford a house. I dont understand the purpose of mortgages.
2025-05-19 14:37:46
5
PRINCKA :
you have point but is not that way. the bank buys the house 1 million from john and sell to Ahmed 1.2m or 1.15m if Ahmed agrees then it halal.
2025-07-10 16:11:11
3
Dr Mohammad Alaslani :
What is the benefit of the Islamic bank?
2025-07-11 08:30:24
1
mohamedsajir68 :
what if he didn't pay rent
2025-07-10 15:31:18
0
5NM5LAND :
nah i dnt trust it maybe disguised riba
2025-05-18 19:50:55
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Truth Uncovered :
What happens if Ahmed wants to sell the house? And it gets sold at a loss? Does the rent increase or does it stay the same indefinitely? What if Ahmed can’t pay the “rent” does the home get foreclosed? What are the fees associated with such a transaction?
2025-07-10 13:18:30
0
Timahmo :
Does the Islamic Bank also pay for repairs?
2025-05-18 15:58:44
11
sam5nn :
As you pay rent: does your ownership of the house increase? Or does it not increase until you pay lump payments? Like is the rent indefinite until you pay lump sums?
2025-05-18 14:15:05
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Khalid :
Let me guess, the rent is comparable to interest rates 😂
2025-07-11 05:52:26
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Ikicklil_kids :
The problem for me is that the currency used itself is Riba! You cannot make wudu with 99% water and 1 drop of urine. Same principle. Using Riba fiat currency to claw back equity isnt gonna magically make it halal. 😭
2025-05-20 08:58:44
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Mohammed Fas Kiyani :
so rent is interest?
2025-05-18 22:49:48
3
Ajay :
I get it, but in the comments we have clever people who refuse to understand. Trying to justify their haraam mortgages
2025-05-19 19:06:25
11
TUP :
rent rates can go up. that's what it is 🤣 literally interest
2025-05-18 17:53:02
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__aleph__ :
Can I clarify: does the rent go down year by year as you pay them off? Or does it stay as 90% rent until you pay an extra lump sum?
2025-05-18 13:52:34
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