Impact of Riba
In Islam, Riba (interest) is strictly prohibited as it fosters inequality and exploitation. For Muslims seeking to avoid Riba, traditional home financing options present a significant challenge.
Despite having similar income levels to the average American, there is currently a 25% gap in homeownership among Muslim Americans, highlighting the barriers to accessible homeownership for this community. This leaves many families in a difficult position—wanting to own a home but unable to do so without compromising their values.
This is why we started Neeyah—to provide a Shariah-compliant, interest-free solution that empowers families to achieve homeownership while staying true to their faith.
In Islam, Riba (interest) is strictly prohibited as it fosters inequality and exploitation. For Muslims seeking to avoid Riba, traditional home financing options present a significant challenge.
Despite having similar income levels to the average American, there is currently a 25% gap in homeownership among Muslim Americans, highlighting the barriers to accessible homeownership for this community. This leaves many families in a difficult position—wanting to own a home but unable to do so without compromising their values.
This is why we started Neeyah—to provide a Shariah-compliant, interest-free solution that empowers families to achieve homeownership while staying true to their faith.
In Islam, Riba (interest) is strictly prohibited as it fosters inequality and exploitation. For Muslims seeking to avoid Riba, traditional home financing options present a significant challenge.
Despite having similar income levels to the average American, there is currently a 25% gap in homeownership among Muslim Americans, highlighting the barriers to accessible homeownership for this community. This leaves many families in a difficult position—wanting to own a home but unable to do so without compromising their values.
This is why we started Neeyah—to provide a Shariah-compliant, interest-free solution that empowers families to achieve homeownership while staying true to their faith.
