Hamza & Hoda’s Story:

We had grown up our whole lives hearing that the only way you can own a house is by getting an interest based mortgage. When we learned about the evils of interest and how Allaah condemns those who deal with it, we assumed that we would be stuck renting the rest of our lives. So we began our quest searching for a way to purchase a home Islamically. We investigated Islamic financing institutions, but we didn’t feel comfortable with that route after doing our research, so we eventually devised our own method of home buying that is simple and easy. Within a short period of time, we found our home and we were able to purchase it with a legal contract with a zero percent interest rate. Many people told us it couldn’t be done, but alhamdulillaah, by the Will of Allaah, we did it. After we moved in, our friends and family starting asking us how we did it so decided to write an ebook of our story, detailing all of the steps we took along with research of current trends and economic situations, copies our legal documents, sample letters, and an interactive budget calculator. Our ebook is directed to all people who want to stay away from interest, not just Muslims. We want to start a revolution of no interest to give the people freedom in their lives from endless debt.

For more details, attend the event!

About The Speaker:

Humza Igram is an accounting and art major and is currently the Director of Technology of Cedar Graphics, Inc., a Muslim-owned communications solutions and commercial printing company in Iowa.

Hoda Elkassem is a pharmacist and currently a work-at-home mom who creates information products and writes children’s books.

Together, Humza and Hoda have three kids, published one Islamic children’s book under Muslim Tree, another book on Islamic investments and interest-free home financing under Know Interest, and are working to education and aide our Muslim American/Canadian community to live an Islamic life. Both Humza and Hoda were born and raised in North America (Humza in the US and Hoda in Canada), and fully experienced what it is like to live as Muslims in the west, which led them to work to abide by their Islamic principles, despite the pressures to do the opposite.

HOST: HalalBucks.com
EVENT: How we bought a house without interest
DATE & TIME: Sunday, June 22nd at 12:00pm Pacific
Alhamdulillah, the recording is made available by generous sponsors of HalfDate.com

Disclaimer: Consult a professional before you try any of these materials.

An interview with co-author sister Hoda conducted by MuslimahMoneyMatters

Tags: American Finance House, guidance, haram, islamic bank mortgage, lariba, riba