Mortgage News

Second Muslim mortgage offering

Friday 16th of March 2007
The funding is from the same source as a product launched through Argosy Finance last year. This was the first in New Zealand aimed at Muslims seeking funding to purchase property but unable to use conventional mortgages because payment of interest is not permitted by their religion.

Funds are being provided by a group of private investors and the basic design of the scheme, known as Ma...

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