Islamic Mortgages

Islamic mortgages are alternatives for conventional interest charging mortgages. They are based on Islamic faith, following the principles of Sharia Law and it has been very predominant in the main market in the UK. It contemplates avoiding Interest completely, but envisages earnings through investment and genuine trading. The Islamic lending therefore participates in the financial venture, promoting the business by sharing the risks involved too.

© 2016 Renaissance Solicitors LLP, Design by voxdoc