How Do Islamic Mortgages Differ From Conventional Ones?
In the realm of financing, understanding the distinctions between Islamic mortgages and conventional mortgages is crucial, especially for Muslims seeking to comply with Sharia principles while acquiring property. An Islamic mortgage, or Murabaha, is structured to align with the ethical guidelines of Islam, emphasizing fairness and transparency, while avoiding interest (Riba), which is considered haram, […]
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