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**payporanymn** · 10-25-2011, 03:05 PM

I have seen such situations managed quiet easily alhumdulillah by some muttaqi brothers, they simply rented average accommodation or lived with there family, until they saved up enough money to either buy a house or to lay down a large chunk and borrow the rest interest free from friends and family. I believe that a fund should be setup to help such people who need to borrow around 30-40% of the purchase price to complete a purchase.

These same muttaqi brothers would simply state we would rather rent than "wage war with Allah" and they have inspired others younger brothers/sisters to do the same. In fact I think this method may actually be cheaper or equivalent to taking out a mortgage.

The other issue like brother london786 mentions is peoples outgoings are horrendous, the list of today's "must haves" is twice of what it was ten years ago.

10-25-2011, 03:05 PM	#5
payporanymn Join Date Oct 2005 Posts 444 Senior Member	I have seen such situations managed quiet easily alhumdulillah by some muttaqi brothers, they simply rented average accommodation or lived with there family, until they saved up enough money to either buy a house or to lay down a large chunk and borrow the rest interest free from friends and family. I believe that a fund should be setup to help such people who need to borrow around 30-40% of the purchase price to complete a purchase. These same muttaqi brothers would simply state we would rather rent than "wage war with Allah" and they have inspired others younger brothers/sisters to do the same. In fact I think this method may actually be cheaper or equivalent to taking out a mortgage. The other issue like brother london786 mentions is peoples outgoings are horrendous, the list of today's "must haves" is twice of what it was ten years ago.
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