Sharia Compliant Financing and Mortgages

Sharia Compliant Financing and Mortgages
Posted By On February 7, 2024

Affinity Law PC understands the needs of this niche market for our clientele engaging in financial transactions while observing sharia guidelines. Sharia compliant financing is a unique method of financing a home or commercial property. Sharia law forbids charging interest on a loan so a trust can be created that is funded by investors that buys the property outright. The trust rents the home to tenants who are in a rent-to-own situation with their monthly payments going towards gradually purchasing the property with each passing year.

As a pioneer in this field of finance, our legal team is able to understand firsthand the needs of this fast growing community. Speak with a member of our team from Affinity Law today to learn more about our products developed and approved by an independent Shariah Advisory Board.