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I've long been critical of today's Islamic mortgages, calling for major reforms. Despite this, I've seen them become even more entrenched, often using loopholes to appear riba-free.
IFG has a different view. They not only support but also invest in Islamic mortgages, defending their current setup.
This video aims to address IFG's points in a straightforward way.
No matter your stance on Islamic mortgages, I hope you find the insights valuable.
As always, Allah knows best.
TIMESTAMPS
00:00 - Introduction
00:30 - The different types of Islamic mortgages and how they work
2:47 - The problem with Musharaka Mortgages
5:50 - The problem with Murabaha Mortgages
10:27 - Why I'm comfortable with rent-only mortgages with the option to buy
11:28 - The problem with Ijarah Mortgages
12:07 - Common concerns with Islamic Mortgages that IFG doesn't think are valid and my response to them
20:00 - Common concerns with Islamic mortgages that IFG thinks are valid and my commentary on them
ABOUT OUR CHANNEL
Our channel is about helping people manage their finances, invest and build wealth in a halal way. We cover Islamic personal finance, halal crypto & stock investing, Islamic finance product reviews, and more.
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DISCLAIMER
Anything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your own due diligence before making any investment decisions.
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