Mortgage

Islamic Mortgages or conventional mortgages are contractual arrangements to finance the purchase of a property.

References

• European Council for Fatwa and Research's Resolution on "Permissibility of conventional mortgage under necessity"
• THE DECLINING BALANCE CO-OWNERSHIP PROGRAM AN OVERVIEW by Guidance Financial
• (German) Islamic Banking: Zinsverbot und Immobilienfinanzierung
• Fatwa on the Impermissibility of the HSBC and other "Halal" Mortgages by Haitham al-Haddâd