Just how Islamic Home financing Deals with Information Domestic
step three. Murabaha is a model where in actuality the financier acquisitions our home and you can sells it on the customer on the good deferred basis at the a consented-on profit. The client pays a deposit and you will repays the brand new financier more a great time frame, and a return costs with every fee. It is not a loan which have attention – it is a resale that have an effective deferred payment.
The final a couple models keeps high disadvantages. When you look at the Ijara, your house consumer is simply an occupant for the whole several months of the bargain and will not benefit from the great things about homeownership up to fees is finished. Read more
