Islamic Mortgages

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Islamic Mortgages Mar 31, 2008
What do you think about Islamic mortgages compared to the conventional ones?

Are they really Islamic?

Galactico
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Apr 01, 2008
Because no one could explain to me the details regarding my islamic finance, and basically had NFI, I initially assumed that I was being ripped off by a bunch of amateurs.
I am still waiting for my next statement, when all will be revealed, but from my calculations, my islamic finance is not a rip-off. Although they are still a bunch of amateurs.
Personally, I think that it is a crock of shite, and anyone who tries to tell me that it is islamic because 'interest' has been relabelled as 'profit rate' is just kidding themselves.
benwj
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Apr 01, 2008
To me it does not feel islamic just interest with another name.
Galactico
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Apr 03, 2008
what the difference? :)
freza
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