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C/F/887. Comparing Islamic Mortgages with Conventional Financial Instruments

WORDS:
2650
DATE:
2010
PRICE:
29.99 GBP

This paper compares Islamic and conventional mortgages, by looking at the difference in the instruments’ functioning and popularity across different economies. The paper focuses on the Islamic mortgages in relation to the Shariah law. Literature is reviewed to further the discussion, and a case study is used to emphasise the differences between the two. Transparency, UK-specific issues, and functioning are analysed as the three differences between them, and the paper outlines the limitations and ethical considerations of the study.

 

KEYWORDS: Islamic, Conventional, economies, Shariah law, transparency, functioning, UK real estate,

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