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Home financing

Islamic home financing expanding in the U.S., opening doors for Muslim homebuyers

by Ari Snider
Sep 18, 2023
Islamic finance offers alternatives to conventional loans and mortgages to comply with a religious prohibition on interest, which is seen as financial exploitation.
Sophie Mutamuliza, seated in purple headscarf, and her husband, Adam Abeza, standing, with their four children outside the family's home in Maine this summer. The family was one of the first to close on a home using Maine-based Androscoggin Bank's new Islamic mortgage solution.
Ari Snider
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Ask Money

The resurgence of HELOCs

by Candace Manriquez Wrenn
Jun 6, 2014
Home equity lines of credit were popular before the recession, and now they're making a comeback.
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