DCANS Mortgage, a Christian (non-Muslim)-owned lender providing Islamic Home Financing is not uncommon in developed matured markets. The DCANS Group (DCANS Mortgage parent), a global player offering sharia-compliant is in compliance with our adopted Equal Opportunity Lending Policies.
Islamic home financing may look similar to a mortgage in some ways, but it is based on an entirely different foundation. Islamic home financing is free of riba (loosely translated as interest), and it is a halal (or permissible) way for faith-conscious Muslims and non-Muslims to buy a home.
Islamic Home Financing vs. a Conventional Mortgage
At the heart of a traditional mortgage loan is the practice of lending and borrowing money at interest. The home buyer borrows money to buy a home, agreeing to pay it back over a period of time, with added interest.
Applicable Fees & Charges
..
Related Pages