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Faith and finance collide for Muslim home buyers

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Fri, 2005/06/10 - 21:46 by Muslim Investor

Waterloo / Cedar Falls Courier has an article on how faith and finance collide for Muslims.

Of course, the article is about how mortgage is not acceptable under Islamic law, because it involves interest (riba), and how Muslims find alternative ways to finance a home purchase, such as musharaka and other financial instruments.

The article mentions Lariba, a provider for Islamically acceptable forms of financing.

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