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Most Recent Articles
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- Murabha and Ijara: Home Finance for Muslims which is allowed by Islamic Law
This article talks about the incidental problems faced by Muslims in the UK when they need a loan or mortgage from the banks because interest is not permissible under the Sharia’h. The best methods of finance for Muslims are Murabha and Ijara. - Home finance and home mortgage options in Pakistan
This article throws light of various issues relating to property financing and mortgage in Pakistan, and the financing ways available to investors. Also, it states the methods followed by lenders in granting loans for home purposes. - Which is better, fixed rate mortgage or an adjustable rate mortgage?
There are essentially two types of mortgage loan schemes. First is the fixed rate mortgage scheme which charges a fixed rate of interest and is thus absolutely risk free. The other is the adjustable rate which changes depending on the chosen underlying index. A new mortgage scheme, called the hybrid rate mortgage is also evolving which gives the benefit of both the above mentioned schemes. - Selecting the right contractor for renovating your home
Renovating your home is a time of excitement and fun but you need to find the right builder and contractor to prevent it from becoming a pain. This article has some suggestions for you. - Ownership rules and the mortgage market in Dubai
With the new law passed in 2002 allowing foreign nationals to own freehold property in Dubai ownership is easier than ever. Simplifying the laws has also created new mortgage options.
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