Sharia Law is already being practiced in America in the form of Sharia Financing. One more good reason never to to sell your home to Muslims.
VOA NEWS Khadijah Sahak, 59, sits in the family room of her neatly-kept townhouse in Sterling, Virginia. The Afghan news program broadcasting from her wall-mounted flat-screen television is discussing the Taliban.
This leafy Washington suburb is a long way from the refugee camp in Pakistan where Khadijah’s family says they lived after leaving Kabul in 2002. “We like the house very much,” she says in Dari, adjusting the white headbag draped loosely around her face. “We are very comfortable here. We are at peace.”
It is a peace Khadijah thought she could never enjoy in the United States. When her grown son, Nabi, offered to help his parents buy a home, Khadijah and her husband refused to live in a house bought with a traditional mortgage.
As practicing Muslims, they believe demanding or paying interest on money – like the kind paid on a home loan – is prohibited by strict Islamic practice. “Everyone in my family was, in one way or another, against the idea of conventional mortgages,” says Nabi.
Then he heard about the Michigan-based Ijara Loans, one of a handful of Islamic financing companies in the United States. They’ve tapped into a niche market of devout Muslim-American homebuyers by offering “Sharia compliant” home purchasing contracts which do not include actual interest.
“That day they got really excited, when they learned that they were able to still buy a house and not compromise their religious values,” Nabi says of his parents.
When the Sahak family bought the Sterling townhouse in 2010, they joined about 10,000 other Muslim-Americans who’ve purchased homes in the past 10 years using Sharia-compliant financial transactions. Guidance Residential, based in Reston, Virginia, is the largest company in the United States which offers Sharia financing. At its spacious headquarters, phone operators manage calls from customers mostly in a mix of English and Arabic.
Spokesman Hussam Qutub says the company has processed $2.3 billion in Islamic home financing transactions since it launched in 2002.
Instead of charging interests on a monetary loan, Islamic finance companies generally offer homebuyers a sale, rent or partnership contract on the home. “In order to be done right,” says Sabahi, “the bank needs to truly purchase the asset, own it and then transfer this ownership to its customers. And a trade – as opposed to lending in the conventional sense of the word – is what Sharia signs off on and approves.” The buyers never feel they are paying interest on money.
“If I can live in America and feel that I own a home that is completely in line with my Islamic system,” says Nabi, “then I guess the pleasure of living in that house would be tenfold.” “We were very happy that we found an Islamic bank,” Khadijah chimes in. “We didn’t like the other banks. If we want to buy another house it will be from an Islamic bank and I tell my friends that, too. We are more comfortable like this.”

READ MORE ABOUT THE DANGERS OF SHARIA FINANCE HERE: Sharia Finance Watch










O My GAWD!
I can’t figure out who’s uglier….the father or his mother!
PISS be upon them all!
Inbreeding.
So what, they raise the price of the house to cover the interest they are “not” paying? Genius.
As an aside, why do the women subjected to acid, stonings and beheadings always seem to be the pretty ones?
Because beauty gives men bad ideas.
The buyers never FEEL they are paying interest on money.
There it is.
They don’t mind being duped.
What the F? Well, I guess I will claim that paying interst goes against my “faith” too, then. So is paying ATM fees, service charges on ticketmaster tickets, etc. etc on and on. Where does it stop with pandering to “faith”? Any faith, not just isSLIME. Hospitals using “moral objection” to deny certain forms of care to patients who need or want it…no different. It just goes on and on and on…
Yeah, the possibilities of religious freedom are endless. Why not a religion that forbids working?
Well, the two major do, in their blatant endorsement of slavery. the muSLIME with submitting the infidels to dhimmi status, etc and the christian’s bible is filled with slavery. let’s praise and worship the omnicient, all-knowing benevolent loving gods! especially allah (police be called upon him) he’s the real deal!
However, I am sure they don’t object to earning interest from a non-muslim bank, or selling their investment for a profit…
great point, HM.
Sharia-banking is a ‘holier-than-thou’ idea for idiots. Moslem oil countries get lots of INTEREST on their money…what a bunch of total two-faced liars!
I have to ask …doesn’t the money these sharia compliant mortgages come from sources which do pay interest? And the property and local taxes which they pay to their local communities? These taxes and mortgage payments are all processed through banks which one way or another pay or accrue interest. The home buyer may think he’s not paying interest, but the bank that provides the loan must be paying interest to it’s source. So it seems avoiding this forbidden ‘interest’ is simply a hoax. Last I read, Allah doesn’t have a sense of humor, and is particularly vengeful to those believers that try to pull a fast one against sharia.
unibrows galore. remember they are also exempt for the new tax imposed on us. bvecause insurance is a form of gambling.
Be careful of Walgreen’s a couple of days ago a woman’s birht control scrip was not filled because it was against the pharacist’s religious faith. The happened in Albuquerque NM
Fer God’s sake, they be winning boys. Does nobody care? NOPE.
Sharia will be challenged in the Supreme Court and thrown out. That will end the discussion…the sooner the better!
It will not be thrown out in the Supreme Court. This Muslim occupier in the white house will make sure of that.He went to the Supreme Court and pitched a hussy fit before they voted on obamacare and we all know where that went.!
Also Muzzaloids dont like paying Insurance – House, Car etc. My fiance had a Turkish work colleague whom use to visit us frequently and socialise with us (we dont see him anymore Ive banned him from our house and I never trusted him, he always looked sneaky) had a very expensive car which he drove around uninsured. Ive been hoping he has had an accident where he has hit into some $200k valued prestigious car lol. Worried me about how many Muztards are driving around uninsured!!! Acording to the Banned Turkish Twat its against Islam to take out Insurance. Just goes to prove how retarded and inbreed they really are.
Aussie, in the US, you can not get a registration for the car if it does not have Liability insurance.
I had a muslim beg me to take him out on my boat about 7 years ago and I agreed, he wound up bringing a friend along at the last minute and they both eventually stabbed me in the back.
You can not be nice to these people, their always looking for an angle to lie, cheat and steal. They spend a good percentage of the day dreaming up ways how to scheme society.
Seems you have learned from that experience with the two muslimes; some NEVER learn! Now you KNOW, these bastards will NEVER be REAL friends to any of us “infidels” ONLY their own miserable muzzturd kind!!
So let me get this straight. They do not charge interest on the loan of money to buy the house, what they do ‘jack’ up the purchase price of the house. So a $300,000 dollar house is bought by the sharia bank and then sold to the stupid buyer at say $500,000, there by making an instant $200,000 profit. This does not obey the laws of America and is a receipe for defaults that they will expect the hones tax payers to pay the sharia banks back. This is total BS and as usual twisted cult thinking of the savage muslims. Sharia banking must be banned and deemed to be illegal in America.
Time to buy homes this way. When they refuse to do it sue them . That will stop then doing it their way
Bonni, did you get a synopsis of a book written by June Brown from Wallid Shoebat?? She’s been hoping to hear from you.
She needs help with a publisher. Let me know, please.
God Bless
Jean, they don’t seem to be interested. I should ask her if she has something more professional looking to send them rather than just an explanation. Maybe a galley?
A loophole created by the previous Labour government allows Muslims to take a property mortgage without paying interest, which also makes it cheaper for them and has now been exploited by non-Muslims who discovered it, causing a minor uproar.
link
http://www.britaingallery.com/british-life/islam-in-the-uk.php
Just another muslim lie. And this time to themselves. Any muslim who was truly following the Queeran would see that they should not buy anything unless they could plunk down ALL the cash.
Isn’t the loan company gambling that the buyer is gonna live long enough to pay for it ? That’s aginst muslim law.
Just another twisting of the words of the Queeran to allow ragheads to rationalize sinning against their little girl raping “Poppet”.
I would rather burn my house than to EVER make ANY kind of real estate transaction with a filthy stinking muzzscum maggot!!….Not to mention, I would not want to do something like that to my neighbors! So far as I know, no muslimes are living in this neigborhood yet!!..And they remain unwelcome here!!…Perhaps we should post another sign right next to the “Neighborhood Watch” sign; one that says: “Muslimes looking for a house, keep looking… SOMEWHERE ELSE”!!
Another line of crap to add to the rest. When we go along with this we just get in the line for STUPID.
One islamic bank in Canada went bust. Over 2,000 homes were in limbo… they wanted the government to help out since they were living in the houses.
I don’t know what happened with that. I should find out…
Reliance H8.17
http://www.islamicbulletin.com/free_downloads/resources/reliance2_complete.pdf#page=290
From ever $1,000,000, $1325.00 funds terrorism. That is Isdamnic law.
The religion of Isdamn is war.
http://www.islamawakened.com/Quran/2/216/
http://www.qurancomplex.com/Quran/Targama/Targama.asp?nSora= 9&l=eng&nAya= 29# 9_ 29
http://www.qurancomplex.com/Quran/Targama/Targama.asp?nSora= 9&l=eng&nAya= 120# 9_ 120
http://www.qurancomplex.com/Quran/Targama/Targama.asp?nSora= 9&l=eng&nAya= 123# 9_ 123
http://www.muslimaccess.com/sunnah/hadeeth/abudawud/023.html#023.3455
The First Amendment protects legitimate religions, not war cults.
Outlaw Islam, expel & exclude Muslims. Do not allow the enemy fifth column to reside here any longer.
There is a plus side to this. Sharia complacent home purchase is not eligible for itemization. Without mortgage interest most middle class taxpayers cannot itemize. So more income tax is harvested on April 15th.
One sick and sad fact is that the USA — at least in Los Angeles, used to discriminate against non-whites and Jews in home sales. My friend showed me an old deed for his house and it actually said that the house could not be sold to Jews and blacks. Ditto for one of the major country clubs in Los Angeles, Jews, including Groucho Marx, weren’t allowed to join.
Iphobe, the difference is the Jews didn’t protest and sue to force clubs and neighborhoods to allow them entry. They went out and built their own country clubs and lived in their own neighborhoods until things changed. The neighborhood in which I was born was “restricted” – No Jews – until a few years before my parents bought their house there. My uncle was the first Jew allowed in the country club to which he belonged. And he was the only Jew there for many years.
Asians were even in a worse situation. The government would not allow the naturalization of asians because the constitution only referenced the existance of whites and negroes. Bizarely enough asians born in the US were citizens and had the right to bring spouses to the US. Even more bizarre the US Goverment sued the City of San Francisco in 1906 to accept Japanese school children as “white”. The Japanese government to show its umbrage over segregation of Japanese children by the San Francisco School system by sending the Japanese Naval Attache to have a one on one with Teddy Roosevelt with a folio binder of full color sketches of Japanese battleships. 64 years later Chinese San Franciscans were fighting a losing battle to keep their kids segregated.
Here in the UK, Muslims will agree a purchase and right at the last minute demand a massive reduction or they will pull out, causing problems for everyone in the chain.
My advice is never, ever have any financial dealings with muslims as they will always cheat