Posted by: islamicfinancingnews | November 28, 2012

Consider Islamic finance and energy efficient improvements to your home

Sharia compliant Islamic mortgages will help to ensure your investment in a home is a wise decision. If you choose to purchase an older home, you may have to consider updating some features like the heating and air systems to make them more energy efficient.

For example, if the HVAC system in your home is over ten years old, installing an updated system is considered money well spent. Depending on the size or square footage of the home, basic installation can run anywhere from $3,000 to $5,000 and upwards if new electrical or ductwork is required. In addition to seeing increased savings on energy bills with the latest innovative systems, you will also be helping the environment by reducing carbon and greenhouse gas emissions.

Replacing older doors and single pane windows with newer Energy Star certified products is also considered a cost effective home improvement after the initial installation cost. Using caulking and insulation around replacement window frames is a further energy saving measure. Even something as simple as using compact florescent light (CFL) bulbs throughout your house will not only save in electricity costs, but these bulbs are designed to produce less heat, use less energy and last longer than traditional light bulbs.

There are things every homeowner can do to reduce high energy bills, protect the environment and make your home more comfortable. Obtaining proper Islamic finance can help you get started.


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