ijara financing and looking forward

Ijara financing is the first stepping stone that you’ll encounter as you travel the path to home ownership but certainly not the last. Your ijara mortgage will steer you clear from riba, but you need to look forward as well even when you’re looking at buying that first house. Simply put, you need to plan for the future and here’s a few things you’ll need to consider.

• Your immediate family. On one side you’ll have older relatives that might need to come and live with you after you’ve got ijara financing in place. On the other side of that same coin is the family you want to add to with children of your own.
  Both of these scenarios make it necessary for you to plan the numbers of rooms in your new house accordingly.
• Your job needs to be factored in as well.