Posted by: islamicfinancingnews | February 24, 2014

Portable Storage Units Work Like Islamic Loans USA: Here’s How

When you’re looking to move in a fast and convenient way, portable moving containers act like islamic mortgage loans in a variety of different ways. First off, these are a cost–effective way to transport your household items from one location to another, much like ijara loans which offer people a way to stay Sharia complaint and away from riba.

These containers are safe as well. Often, the company that rents you the unit will give you a key to the lock it comes with or allow you to use a personal padlock. In many instances, your personal belongings are insured under your personal household insurance while they are in the container. It’s a good idea to check with your insurance company to make sure this is the case. If the storage container is to be held at the company’s warehouse for any length of time, you might want to look at their insurance policies that cover you during this stopover.

Make sure you understand what can and can’t be stored in one of these containers.  Corrosive and flammable materials are generally restricted. portabel contaniersDetermining what’s off the list is the same type of process you used to find out what would hurt your chances of getting Islamic loans USA.

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