Home Finance
In line with your faith
We can help you arrange Sharia Compliant Finance for the following:
- New Purchase
- Refinance
- Equity Release
- Buy to Let
- Let to Buy
- Holiday Homes
Islamic home finance is an ethical mortgage alternative which is becoming increasingly popular amongst UK nationals, UK expats and foreign nationals alike. It is an affordable, Sharia-compliant alternative to traditional UK mortgages.
How Does Islamic Home Finance Work?
Islamic Home Purchase Plans offer a flexible, fair way to finance your property in UK. Unlike a conventional mortgage where the purchaser borrows money from a lender which is then repaid with interest, Sharia Compliant Home Purchase Plans are based upon the Islamic finance principles of a co-ownership (Diminishing Musharaka) and leasing (Ijara).
These Sharia Compliant Home Purchase Plans are popular in the Muslim community, as they follow Islamic finance principles. However, they are growing in popularity amongst British expats and foreign nationals worldwide, as a more cost-effective, ethical way to finance your property purchase or refinance an existing UK property.
Faith Financial have built up strong relationships with specialist FCA regulated UK Islamic finance providers in this sector since the launch of Islamic finance in UK. This allows us to guide you through the application process as we have an in-depth understanding of the requirements of these banks have which delivers results for you.