Halal mortgages are becoming popular in America
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Halal mortgages are a tool of Islamic finance that offer an equitable way to gain homeownership. In 2024, 25-plus banks had made halal mortgages available.
The growth of “halal mortgages” over the past 20 years has expanded financial access to homeownership for many Muslims. Halal mortgages provide interest-free loans in keeping with Islamic beliefs.