Interest-Free Home Purchasing
Islamic Co-operative Housing Corporation and Ansar Co-operative Housing Corporation provides the opportunity to purchase a home without Riba (interest).
Housing is one of the basic needs of a person. It is the desire of every individual to secure shelter for their family. Unfortunately, for the last three decades, Muslims in North America have been facing a moral dilemma. Whether purchase a house and indulge into interest or, forget buying a house altogether to avoid the interest. Many are led to believe that there is no alternative, and purchase through conventional methods thus paying interest. Yet others, although well settled economically, still hold the view that no matter what, indulging in "Riba" is forbidden.
Here is the opportunity to invest your savings in an Islamic project and/or to buy your house without paying interest or mortgage. We invite you to join us in this project.