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Islamic Mortgages made easy

A new website has been launched with the intention of providing British Muslims with information about mortgages that comply with Sharia law.

Sharia law prohibits the concept of interest, stating that all money must be earned through work, and mortgage lenders have therefore begun to deliver products acceptable to the Muslim religion.

As Islam is the second largest religion in the UK, with 2.5 million followers, there is also a clear demand for such products.

Islamic Mortgages seeks to help people to navigate the options available on the market, comparing lenders' products and providing direct contact details to help customers avoid paying unnecessary fees.

Nusrat Janjua, marketing director, told the Mortgage Introducer that the website would also offer a brief history of Islamic mortgages, as well as details of upcoming events and the latest opinions of academics in the field.

Reference: www.mortgagesorter.co.uk/articles/view/Islamic-Mortgages-made-easy.html

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The entire product range offered on this website is Shariah compliant. However, from time to time we will promote relevant none Halal products where no Islamic / Halal alternatives exist. Your home is at risk if you do not keep up monthly payments due under an Islamic / Halal mortgage agreement (your lease and / or diminishing ownership agreement).