Posted by: islamicfinancingnews | February 11, 2015

Your ijara mortgage and finding the right location.

As you probably already have guessed by now if you’ve been reading these blogs, getting an ijara financing product lined up is only the beginning of what you’ll need to do to find and settle into your new house. Of course getting an ijara loan is the right move for practicing Muslims because it allows you to stay Sharia compliant, but picking the right location to narrow down your search is a challenge and can be daunting if you don’t have the right information to begin with.

It’s important for you and your family to sit down and decide what the future holds. For example, if you’re a newlywed getting your very first ijara mortgage adviceloan, you might want to be looking at a house with an extra bedroom in case you plan on having children right away. On the other hand, if you’re an older family and your children have moved away you might want to consider using ijara financing to downsize into a senior’s location.

The point here is simple in that whether you’re younger or older and whether it’s your first ijara loan or one of the series that you’ve had, you need to take a few minutes to make sure you’re making the right move by evaluating your family’s needs at the present time.

 

 

 

 

 


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