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| Home Finance |
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| APR, MALT™, ARM - what's it all mean? Get answers to your questions here. |
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University Islamic Financial Corp. is pleased to reveal that we now offer two Sharia compliant home acquisition programs or a replacement plan. You can purchase your home with an installment sale (Murabaha) or a redeemable lease (Ijara) that is fully compliant with Islamic Guidelines (Sharia) and, therefore, free of interest (riba) and doubtful practices (gharar). Murabaha and Ijara are two of the forms of business that are Islamically acceptable. |
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