There are a number of variables when it comes to choosing an Islamic Mortgage. Our Islamic finance specialists can offer you expert, independent advice to help you find the right one for you personally.
At Islamic Wealth Management, we introduce to Al Rayan Bank to offer Sharia-compliant Islamic Mortgages to a number of valued clients all across the UK. An Islamic Mortgage is an alternative to the conventional Western option, where as a purchaser, you borrow money from a lender and repay it with interest. With a Sharia-compliant Home Purchase Plan, you can be assured your mortgage is based upon the Islamic finance principles of a Co-ownership Agreement (Diminishing Musharaka) with leasing (Liara).
To see how much you could borrow and what your monthly repayments are likely to be, please just follow this link to the Islamic Bank Mortgage Calculator