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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