Home Financing Withdrawn
Home Finance
One of the most common products we are asked for is Home Finance as an alternative to a conventional mortgage.
Ansar did offer this but we had to withdraw Home Finance as there wasn’t enough financial investment from individuals to make the project viable. Ansar used the ‘Diminishing Musharakah’ model which is essentially rental purchase. Prominent scholars have declared our Home Finance contract to be the most shariah-compliant in the market.
Ansar would love to restart the Home Finance project again but we need your help to do this.
A Truly Interest Free Loan
Ansar – literal meaning ‘helpers’ in the Arabic language. This was the name given to the helpers of Prophet Muhammad (Peace and Blessings of Allah be upon him) in Madinah. We aspire to take lessons from the ‘Ansar’ and bring them to life in the 21st Century. As a result, we have been providing life-changing support by means of granting interest-free loans, since 1994, as one of the first providers of Shari’ah based finance in the UK. We are an established and registered charity passionate about building a better financial future in the UK.