Now Your Ticket to Jannah Just Got a Plus One!
Getting rid of interest/riba from your life starts here.
- 100% Sharia-Compliant
- Keep current payment terms
- Quick and easy process; not a refinance
Start the Ramadan season the halal way by converting your property into a riba-free home with the help of ijaraCDC’s investor-led Conversion Program! Not only do you get $250 off the structuring fee if you start the process today, you can also help a family or friend secure the same through a referral!
What's a Conversion?
Simply put, a conversion essentially changes the nature of the riba bearing transaction from a rent on money transaction (Riba) to a rent on property (Ijara) transaction. We do this by placing your home in a trust, restructuring your mortgage from a lease on money (which is haram) to a lease on property (a halal) transaction. With the conversion, we don't change the economics of your loan. Economically, you will be paying the same but the structure of the transaction will be different. Curious about the difference between conversion and refinancing? Here's a great article that shows the distinctions between the two.
Download the Conversion Application Form
Why IjaraCDC for Your Ramadan Conversion Needs?
