Podcast Episode 22: Navaid Aziz – Islamic Mortgage, Student Loans, and Halal Car Purchases

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Guest: Navaid Aziz
Topics Covered:
-How communities can help provide alternatives to student loans
-How to apply the fatwa that says student loans are a necessity
-How to buy a car with halal financing (easier than you might think)
-House buying
-How to increase the barakah in your finances
Connect With Navaid Aziz
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Omar Usman

Omar Usman is a founding member of MuslimMatters, Qalam Institute, Muslim Strategic Initiative, and Debt Free Muslims. He is a regular khateeb and has served in different administrative capacities in various national and local Islamic organizations. You can follow him on Google+ or on Twitter @ibnabeeomar. Check out his latest project at Fiqh of Social Media.

3 Comments

  1. March 16, 2015

    masha Allaah

    Reply
  2. August 22, 2015

    Jazakallah kheyrun. Id love if you can give a more profound analysis of Guidance residential and their product. Thank you. I read the AMJA ruling but it says “it is permissible to deal with them in the face of need. The representatives of this company are advised to review those defective portions of their contract.” So that means its not 100% Zabihah?

    Reply
  3. Mosfek
    May 30, 2019

    ASAK, I don’t understand on the car: I negotiated a Nissan for 40k who offered 0 APR. I am paying 40000/60 = 666 per month for 60 month and not seeing how this transaction is profiteering the company. Now I bought a Nissan not a BMW as Nissan is only company offering 0 apr

    Reply

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