Islamic finance

Why Islamic Home Loans Are a Smart Choice for Middle-Class Families

Islamic finance offers an ethical and interest-free approach to homeownership, designed in accordance with Shariah law. Unlike conventional mortgages, which involve Riba (interest), Islamic home loans are structured around principles of fairness, transparency, and risk-sharing. This creates a more balanced and ethical financial relationship between the lender and the borrower, making it a compelling alternative […]

Is a Balance Transfer Facility Right for You?

A balance transfer facility is becoming an increasingly popular financial tool in Pakistan, especially for those seeking Shariah-compliant financing options. This facility allows borrowers to transfer their existing loan from one lender to another, often at more favorable terms, such as lower profit rates or better repayment structures that align with Islamic finance principles. For […]

home construction

Construction Financing: What You Need to Know Before Building Your Home

Building your own home in Pakistan is an exciting yet complex journey that requires careful planning and the right financial support. One of the most critical aspects of making this dream a reality is securing appropriate construction financing that aligns with both your financial needs and ethical values. In Pakistan, Islamic finance offers Shariah-compliant construction […]

The True Cost of Islamic Home Financing: Breaking Down the Numbers

Islamic home financing has gained traction in recent years, particularly among Muslim communities seeking Shariah-compliant alternatives to conventional mortgages. However, the true cost of Islamic home financing is often obscured by a lack of transparency and a misunderstanding of the financial products available. This blog post aims to break down the numbers associated with Islamic […]

Islamic Finance

How to Qualify for a Mortgage in Pakistan: Islamic Home Loan Guide

Obtaining a mortgage in Pakistan has become increasingly important for individuals seeking to fulfill their dream of home ownership. The process of securing home financing can be complex, especially when considering Islamic principles. This guide aims to provide clarity on the approval process for Islamic mortgages in Pakistan, offering valuable insights for those embarking on […]

Islamic Finance

Islamic Finance Instruments: A Beginner’s Guide

Islamic finance has emerged as a significant alternative to conventional financial systems, particularly in the context of ethical and socially responsible investing. This guide aims to provide a comprehensive overview of Islamic finance instruments, their principles, and their applications, catering to beginners who seek to understand this unique financial paradigm. Core Principles of Islamic Finance […]

Islamic finance riba

The Role of Riba in Islamic Finance: Why It’s Forbidden and Its Impact

The prohibition of riba, or interest, is a cornerstone of Islamic finance, deeply rooted in Islamic teachings and principles. Understanding the role of riba in Islamic finance necessitates an exploration of its theological, ethical, and economic implications. Riba is forbidden in the Qur’an, which has led to the development of a financial system that seeks […]

Islamic finance Murabaha

Murabaha in Islamic Finance: A Comprehensive Guide

Definition and Understanding of Murabaha Murabaha is a pivotal concept in Islamic finance, representing a cost-plus-profit sale agreement that adheres to Shariah principles. It is one of the most widely utilized modes of financing in Islamic banking, accounting for a significant portion of transactions. This comprehensive guide aims to elucidate the intricacies of Murabaha, its […]

AGFL
Your Path to Homeownership

B-139, Sindhi Muslim Cooperative Housing Society Block-B, Shahrah-e-Faisal,
Karachi, Sindh – 75350


AGFL – NTN 4471867 AGFL – CRN 0175272

House Financing License Number: SECP/LRD/54/AGFL/2022

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