The Islamic home financing model consists of two fundamental agreements between Faith Fund and the client, namely a Purchase Agreement and a Lease-to-own Agreement. Faith Fund and the client jointly buy the property. Faith Fund agrees to resell its share to the client who, in return, agrees to purchase it "as is" through a specified number of monthly Acquisition Payments.
Until then, Faith Fund leases its ownership share of the house to the client, who is entitled to full occupancy and use of the property under the lease-to-own agreement. The client makes monthly Lease Payments on Faith Fund’s remaining share.
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Islamic Home Mortgage 
