Home Financing

The most common models and structures in Islamic home financing as offered by many Islamic banks worldwide are either based on bay’ bithaman ajil (deferred payment sale), musharakah mutanaqisah (diminishing partnership), ijarah (leasing), or parallel istisna’ (construction-required sale). For further details see: ISRA, Islamic Financial System; Principles and Operations.

Real estate finance for building and purchasing houses
A House-Buyer Approaches an Islamic Bank Seeking to Cancel an Existing Contract in Order to Enter into a MurÉbaÍah Sale with the Bank
Can a Murabahah Deal for Real Estate Be Structured When the Purchase Undertaker Buys Half Up-Front Using Conventional Financing & Asks the Islamic Bank to Buy the Other Half?
Is It Allowed to Sell the Item Made through an Istisna‘ Contract before Its Completion?
What is the Price to be Written in the Contract of Murabaha?
Is it a Must from a Shariah Point of View to Know about The Origin of the Customer’s Money?
Is it Allowed to Contract on a Commodity with a Customer that is Binding to Another Party?
Is it Allowed to Contract a Murabahah whereby the Customer Has Paid an Amount to the owner of the Asset?
Is it Allowed for KFH to Ask for Compensation for Terminating the Contract of Sale?
Is it Allowed for Purchase a House in Order to Pay off the Debt owed by a Customer of KFH Department?
Is it Allowed to Purchase a Mortgaged Asset and Resell it to the Son of the Original Owner?
Is it Allowed to Purchase a Land upon which Villas are Being Constructed and Re-Sell The Land alone to Customers?
Is It Allowed to Terminate the Contract of BBA That Began To Give Effects of Ownership to Enter in a New BBA with the Same Customer?
What’s the Ruling on Risk Management of Housing Loans?
What’s the Fatwa Committee’s Opinion Regarding the Issuance of takaful Insurance for the Customers of ijarah muntahiyah bi al-tamlik?
Application of Ijarah Mawsufah fi al-Zimmah Concept in Financing for House under Construction Based on Musyarakah Mutanaqisah
Ibra’ in Home Financing Product Linked to a Wadi`ah or Mudarabah Deposit Account
Financing Product for House under Construction Based on Istisna` Muwazi, Ijarah Mawsufah fi al-Zimmah and Ijarah Muntahia bi al-Tamlik
What’s the Shariah Opinion Regarding Building Villas by KFH on a Land Owned by the Bank in Order to Be Sold to Customers Through Difference Methods?
The Condition of Delay Penalty in Murabahah Transactions
Cancellation in Order to Enter into Executed Transactions on Murabahah Basis
Stipulation to Repurchase Asset in Bai` `Inah Contract

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