Models of Islamic Housing Finance for the Renovation of Houses in Pakistan

[Muhammad Asghar Shahzad]

Respected Sir,

 

Aslamoalikum wa Rehmatullah

 

The house financing products are important part of Islamic finance. The purpose of this study is to examine the practice of existing house financing model which is commonly practiced in Islamic financial institutions for financing renovation of house. This study does not cover all aspects of Islamic house financing rather it focuses on the renovation case of in Islamic House financing in different financial institutions e.g. Islamic and conventional. This study will also discuss whether the current practice of Islamic house financing is suitable for client and bank or not? If not then which product is suitable for renovation in Islamic house financing. The full paper can be access on following link: https://ssrn.com/abstract=2873156

Best Regards

Muhammad Asghar Shahzad Lecturer Department of Training Sharī‘ah Academy, International Islamic University, (Faisal Masjid Campus), Islamabad Tel: 0092 51 9261761 Ext: 3555 | Direct: 0092 51 9261385 | Fax: 0092 51 9261383

 

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