Both the buyer and the provider share the risks and rewards of the property investment.
In this scenario, the bank buys the property at the market price and sells it to you at a higher, agreed-upon price. This "profit markup" is fixed and transparent from the start. You then pay this total amount back in fixed monthly installments. islamic way of buying house
Ensure the financial institution has a Sharia Supervisory Board that audits and approves their contracts to ensure they remain compliant. Both the buyer and the provider share the