Islamic Finance
transparent investment opportunities that align with Islamic principles.
islamic finance
Essential Steps for Property Investment
Salaam Real Estate offers Sharia-compliant financing for property investments, focusing on ethical models like Murabaha for transparent, cost-plus pricing, and Istisna for customized project financing.
Finance Plans
Murabaha, also referred to as cost-plus financing, is an Islamic financing structure in which the seller and buyer agree to the cost and markup of an asset. For an example, we buy a property you have chosen, and then sell it back to you at an agreed “cost plus profit amount” (no riba) over a chosen term. Every monthly payment that you make goes directly to the principal and the home will be paid off in full at the end of the agreed upon term.
The word Istisna (استصناع) is a derivative from the root word ‘Sa na’a (صنعة), which means to manufacture or to construct something.
In Islamic finance, istisna’ is generally a long-term contract whereby a party undertakes to manufacture, build or construct assets, with an obligation from the manufacturer or producer to deliver them to the customer upon completion. Our Istisna financing solutions involve a longer-term payment plan and they have been set-up to help our customers acquire their dream homes.
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