The Greenhouse, 2nd Floor
Adams Arcade, Ngong Road
P.O. Box 29310-00100, Nairobi
Tel: +254 729 933955, +254 737 933955
|3 facts about First time developers|
» 3 facts about Experienced Developers
- Hass Property Index Q4 2013
- Mortgage Special Report Q4 2013
- The Mortgage Special Report Q3 2013
- Hass Index Q3 2013
- Hass Property Index 2nd Quarter 2013
Is the deposit % same on an Islamic Mortgage as a normal Home Mortgage?
What the experts say
FALSE, It is against Islamic law to pay or receive interest, you arrange a sale price with the vendor as normal, however the bank pays the purchase price, then immediately sells the house to you at a higher price. It is a very private process and details remain undisclosed.
First time buyers promise
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