Dilemma for Muslim homebuyers compelled to pay a high price for loans

Dilemma for Muslim homebuyers compelled to pay a high price for loans

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Muslims who want to secure a home loan in line with their religious beliefs face the prospect of paying much higher interest rates than if they took out a conventional mortgage. Those who want a sharia-compliant loan are looking at up to 9% rates – far above the 6% interest that standard mortgages…

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