Posted by: islamicfinancingnews | August 31, 2014

Some wonderful reasons to buy a home with islamic home loans

Muslims can take part in North American real estate by getting islamic home loans whereby they can stay Sharia complaint and away from riba. They understand these islamic mortgage loans hold the money in a trust but in many ways these products act just like a more traditional western style mortgage.

Remember that both types of loans offer all the advantages of home ownership including:

• A sense of pride. When you own the home you live in , you’re free to make changes and renovate to create a unique footprint on the neighborhood where you live.
• You build up equity. Getting something back for the money you pay out is another advantage to homeownership. Paying down that mortgage means you have equity for future use. home for sale
• You can even buy and resell and make the market a source of income. Some people even make flipping properties a full time occupation.

Buying a home with Islamic home loans is a good idea for several great reasons and when you can move ahead with this Sharia compliant type , there’s no reason not to get involved in the North American real estate market.

Posted by: islamicfinancingnews | August 25, 2014

Great Islamic home financing starts with picking the right website

In these modern days getting great Islamic mortgage financing starts with picking the right website. You need to know what criteria will help you to make the intelligent choice and what factors you can easily dismiss and still make the right decision.

Start by looking for a company that understands how important it is to have islamic home financing options that cover both commercial and residential enterprises. You might start off wanting to buy a home where you can raise a family and then decide that the commercial aspect of islamic mortgage financing is right for you and decide to go down that route.

Looking for the basics should help you to narrow down the choices you have as well. Excellent contact information means you’re dealing with a company that really wants your business. Transparency is one of the high priority items when you’re buying goods or services from the Internet and here you’ll need to make sure more than just an email address is offered.

Look for the right accreditation as well and with islamic mortgage financing, that’s going to mean documentation for the Fatwas. Customer testimonials are another perfect way to gauge how well the company you’re considering works with clients. Read about our Fatwas here.

Posted by: islamicfinancingnews | August 22, 2014

Got Bad Credit? Here’s A Few Quick Fixes.

Going through the procedure to get Islamic home loans doesn’t make a lot of sense if you’ve got bad credit and probably won’t be preapproved in the final steps. Having a blemish on your credit record that can hurt your chances of getting Islamic mortgage loans isn’t a permanent situation. There are a few quick fixes you can implement that can change your record around so you’ll get the money you need to enter the real estate market.

• If you are having some problems with your debts, it’s a good idea to approach lenders and see if you can work out a plan. Most people don’t realize that banks and other financial institutions are often more than willing to work with someone who’s behind on their payments because it saves them money in the long run and circumvents the need to hire a bankruptcy agency.
• Of course making a bad credit rating a good one involves showing some effort and experts suggest that you can start turning things around by paying more than the minimum on the balances you owe.

Working on your credit score is good practice for handling other finances like Islamic home loans.

Posted by: islamicfinancingnews | August 15, 2014

Some great reasons why home ownership is for you.

These blogs tell you everything you need to know about getting ijara loans and islamic loans usa. We’ve tried to be very clear here at about how these products offer Muslims the chance to get involved in the North American real estate market without compromising their desire to stay Sharia compliant. There have been many mentions about the fact that these type of financial products will help you to stay clear and away from riba, but we’d like to take a minute and list a few of the bigger reasons for getting one of these ijara loans in the first place.  Here’s a few great reasons for owing a home in the United States and Canada .

  • Home ownership provides you with equity. Every time you pay rent , there’s no return on the money you put down but putting that same cash into a mortgage gives you a little more of the slice of the home ownership pie, every time.
  • Owing a home makes your proud. Having a place you can call your own gives you a sense of pride.

A home of your own also gives you the ability to borrow more money for other projects including vacation getaways and even other properties.checklist 2


Posted by: islamicfinancingnews | August 10, 2014

Ijara loans and autumn roofing issues

This is the time of year when you want to get up on that roof and look for any issues before the cold weather sets in. Part of getting everything that you can from islamic loans usa is knowing proper maintenance and looking after the top of your home is a priority.

First things first as they say and that generally means you need to understand ladder safety before you begin. Step one is to make sure the ladder is placed firmly on the ground and when you can, it’s good to have someone spotting you.

Once you’re comfortable and up on the roof cleaning the gutters is a project to undertake so there’s nothing obstructing them. Take a look at the condition of your shingles. Missing ones will of course need to be replaced right away and ones that are curling still have a little life and could last until the spring thaw. Check the caulking around flashings and chimneys and look for any cracks that will allow moisture to get in.

Finally check the condition of your downspouts and clear them if there are any obstructions blocking run off.

Posted by: islamicfinancingnews | August 5, 2014

So you’ve got that new home. What’s next?

Getting the keys to your dream home is one of the ambitions for people in both Canada and the United States. Regardless of whether you purchased with ijara loans or went through a more conventional Western-style model for the mortgage, understanding what you need to do after you’ve settled in is an important part of home ownership. Here’s a few tips that are complementary to your Islamic loans USA products.

• Believe it or not now is the time for you to start ignoring the housing market. After months and maybe even years of comparing home prices and values in various neighborhoods, you’ve make a decision and bought a house so it’s time to focus on other things because the chances are you won’t be selling anytime in the near future.
• On the other hand, you should carry on with saving money. Once you own a house you’ll be surprised to find out that expenses come along when you least expect them to. Things go a lot more smoothly when you have a few extra bucks in the bank to fix a leaking roof right away or replace a hot water tank in the middle of winter.

It’s also a good idea to perform due diligence in your new house in the same manner you did with ijara loans and perform regular maintenance to keep small problems from growing.

Posted by: islamicfinancingnews | July 10, 2014

Some facts about energy conservation you need to know

Islamic loans usa are a big step in the right direction for practicing Muslims who want to stay Sharia compliant. Getting ijara loans ensures you’re free from worry about riba and you can build on the good thinking you started by practicing some energy conservation tips so you’ll save money and use less of our natural resources.

• Energy Star appliances are much more efficient than their counterparts. The fact is these are 20-70% more efficient than they were just twenty years ago. Washers and dryers specifically are up to 50% more efficient and the number for refrigerators is 40 percent.
• Light colored roofs are better. It’s a fact dark colored shingles trap more heat and cost you more in cooling bills. If possible, choose lighter colored shingles when it comes time to change the roof and have mortgagemore money in your pocket in the long run.

Of course, another smart move is looking at islamic loans usa for your real estate needs. Our website has everything you need to know in one convenient location. Click here to see what you’ll need to get started.


Posted by: islamicfinancingnews | July 9, 2014

Update your curb appeal with these easy fixes

First impressions make all the difference when you’re trying to sell your house and updating your curb appeal is one of the best ways to complement the good thinking you showed by getting islamic loans usa. Symmetry is an important part of turning heads when people pass by and that can start with small things like making sure to place potted plants on each side of the entrance way in front of your house.

Gardening is another excellent idea and whether you decide on one color theme or a variety of different flowers that add to a mosaic in your front yard, getting rid of weeds is essential to keep any effort mortgage declooking tidy.

Adding lighting attached to the house adds style. Ground lights are an excellent way to outline a driveway or walkway and they add an inviting flair to your home. It’s important to give the house a good cleaning and make sure the siding and gutters don’t detract from the overall theme and curb appeal you’re trying to present to possible buyers and passersby.

Ijara loans are the best way to get involved in the real estate market for practicing Muslims. Learn more about your options here.

Posted by: islamicfinancingnews | July 8, 2014

Islamic home financing and home DIY projects

Choosing what kind of home renovation projects are easiest to do by yourself and which ones should be left to the professionals is a decision every homeowner needs to make after they get Islamic mortgage financing and have lived in their home for a number of years. Saving a few dollars and taking on a project you don’t fully understand can cause some unforeseen problems if you don’t do your research properly. Here’s a few examples.

• Changing out old lighting systems for newer ones can create problems if the wiring isn’t compatible and this becomes especially important if you live in an older home. It’s quite often the case you should home inspectorconsult an electrician before any work begins in the same way you went with the professionals when you needed Islamic mortgage financing.
• Primer makes paint adhere better. Painting is mostly preparation work and using primer on any surface before you put on that final coat makes the finished product much more durable and aesthetically pleasing.

Finally, there’s no need to cut corners with Islamic home financing when you can get all the information you need right from the website.

Posted by: islamicfinancingnews | July 7, 2014

Islamic home loans and renovation permits work together

After you’ve bought your house using Islamic mortgage loans and lived there for awhile, you might decide to renovate to increase the equity you have in place and your enjoyment of your home at the same time. Renovation permits are necessary since they tell your local municipality you agree to abide by all the building codes so any renovation you undertake is done in a safe and compliant manner.

As a practicing Muslim, you purchased Islamic home loans to make sure you stay Sharia compliant and away from riba. As a good citizen, it’s important to make sure you get one of these permits for several different kinds of projects around the house including:

• Finishing the basement. Because this job can entail taking on extra plumbing and electrical work, it’s important to make sure you’re doing everything by code and in a safe manner that won’t endanger you or your family.
• Building a deck. This is another type of project that requires you keep in touch with the municipal authorities, especially if the deck you’re building is going to be attached to your home.

Other jobs like roofing and painting generally don’t require any kind of permit. Interested in learning more about islamic mortgage loans? Click here.


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