Quote:
Originally Posted by EcoShan
Ya Habibi, ya bazurgaan e muhtaram, ya chashm o chiragh, ya totaye mere dil, u r proving the same point that ive been trying to prove in this thread since begining, ya Azeezan e muhtram prolly u miss read any of my posts, u said Lariba is not halal cuz they take their money from fennie freddie and fennie freddie gives interest to fed reserves and i said this is a interest based world and u have no control on it and doesn matter fennie freddie pay interest or no but u r not paying interest by getting mortgage from Lariba, and i gave those examples that u have to pay interest or use money that has come from interest, so u and me are on the same page of the story.
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No we are not not on same page , If I have to pay interest then as a rational buyer and a rational Muslim I will pay 6 percent to a conventional bank as compared to 8 percent of Lariba. Financing by Lariba is always a little or more than a little higher than the conventional mortgage although they want you to belive contrary to that.