Our Shariah compliance letter

After reviewing our contracts and documents, Shaykh Umer Khan confirmed in writing that our co-ownership model is a Shariah-compliant alternative to an interest-based mortgage. His letter points to three things: we take no debt and don't work with Fannie Mae or Freddie Mac, we share in the gain or loss when a home sells, and we share major expenses like insurance, property tax and significant repairs. Read the letter.

Source: Neeyah