Buying a house without usury is an option for people who want quality residential ownership, but also want to maintain fairness and financial balance.
The concept of usury contained in conventional financing is often a burden for borrowers, so that more and more people are looking for alternatives to financing that are more just and ethical.
The sharia financing option is a solution that offers a way to buy a house without usury, with Islamic and fair financial principles.
What Is A House Without Riba?
A house without usury is a concept of residential ownership that does not involve the practice of usury in its financing. The practice of usury contained in conventional financing is a problem for some people because it is considered unfair and detrimental to borrowers.
Conversely, a house without usury offers an alternative to sharia financing that is principled on justice and blessing. This concept prioritizes the principle of profit sharing (mudharabah) or loss sharing (musyarakah) in financing.
In addition, houses without usury are also often associated with the concept of sustainability, because sharia financing options are often more environmentally and socially friendly. Thus, a house without usury is an option for housing ownership that is Islamic, fair and sustainable.
What Is Riba?
Riba in Islam refers to the practice of taking advantage or additional loans of money or goods in an unfair or excessive way.
Riba is considered a grave sin and is prohibited by Islam, because it is considered to be detrimental to the less fortunate and unfair.
The practice of usury is usually associated with conventional financing such as bank loans, credit cards and interest-bearing loans.
Therefore, the concept of sharia financing that avoids usury is a more just and Islamic alternative in financial management.
Advantages Of Buying A Home Without Riba
Buying a house without usury has many advantages, both in terms of finance and fairness and environmental values.
From a financial point of view, home financing without usury usually prioritizes the principle of profit sharing or loss sharing, so that the party financing it is also responsible for the profits or losses earned.
In the long term, this can provide greater benefits for the borrower. In addition, sharia financing usually has lower administrative costs and no interest, so borrowers do not have to pay additional fees that are not commensurate with the benefits obtained.
In addition, buying a house without usury also provides values of justice, because the resulting financing is based on the principles of justice and blessing. This concept ensures that financing does not harm any of the parties and that all parties involved feel fair.
Lastly, buying a house without usury also contributes to a better environment, as Islamic finance is often more environmentally friendly and sustainable. Therefore, buying a house without usury is a wise choice to achieve financial freedom and contribute to a better society and environment.
Advantages of Buying a House Without Other Riba
1. No Interest
It is clear that interest is part of usury. So, if you buy a house without usury. So you won’t find flowers either. What’s more, the cost of installments or interest in the conventional method reaches 10-15% of the purchase, right?
This amount is quite a lot if we refer to buying a house. Especially if you can’t afford to buy in cash. The longer the tenor you choose, of course the interest for your installments will also be greater.
2. No One Use Bi Checking Services
There are not a few people who want to buy a house but are constrained by BI Checking. If the BI Checking results are bad, then you are definitely having trouble buying a house. Meanwhile, the sharia-compliant halal home purchase method does not use this service.
You can even directly contract or make a sale and purchase agreement in a short time. Because the sharia scheme is intended for people who really need a house.
3. No Fine And House Confirmation
What are the other advantages when you buy a house without usury? Have you ever seen an article informing you if a house is confiscated by a bank? This usually happens when you use conventional home buying and selling services and don’t pay your installments on time. Because, there are fines and home confiscation if in arrears.
Unlike the rules of buying and selling sharia. There should be no fines or confiscation of housing units that have already taken place in a sale and purchase contract.
4. Can Buy Without Paying InsuranceE
Insurance is indeed useful especially in disaster-prone areas. However, sometimes many buyers object to the cost of this home insurance. Whereas in the sharia method, you don’t need to bother thinking about insurance costs because most insurance is gambling and ghoror.
Tips For Choosing The Right Home Without Riba
Buying a house without usury is the right choice for Muslims who want to meet their housing needs without having to conflict with sharia principles. However, before deciding to buy a house without usury, there are some tips that need attention to choose the right house.
First, prepare enough funds to buy a house. Careful planning of funds will help choose a house that fits the budget you have. In addition, choose a financing scheme that suits your financial capabilities.
Second, choose a strategic and safe house location. Choose a location close to work, shopping centers, schools, and other public facilities. Also make sure the location of the house is safe from the dangers of floods, landslides, and other natural disasters.
Third, find information about the developer and their reputation. Make sure the developer has complete licenses and permits to build the house. Also find out about the reputation of the developer from the experience of previous home buyers.
By paying attention to tips on choosing the right house without usury, you can have a house that meets sharia principles and needs. Choose housing developers who are trusted and have sharia housing concepts that are environmentally friendly and adequate.
The Solution To Buy A Home Without Riba
Buying a house without usury can be a solution for Muslims who want to meet their housing needs without having to conflict with sharia principles.
One way to buy a house without usury is to choose sharia housing products from a trusted developer. SKB Group is a sharia housing developer that provides a variety of usury-free housing concepts.
One of the sharia housing concepts offered by the SKB Group is a sharia financing scheme. This scheme allows buyers to buy homes without having to pay usury interest as in conventional financing schemes.
In addition, SKB Group also provides a Scandinavian-style Islamic residential concept that pays attention to green environmental factors with adequate facilities.
One of the halal housing that you can consider is Kampung Peradaban Residence in West Sumatra. An exclusive residence that carries the concept of Islamic Modern Living which promotes Islamic values, togetherness, comfort and harmony.
Information on the Civilization Village can be seen at the Civilization Village Residence
How To Buy A Home Without Riba?
Buying a house without usury is the right choice for Muslims who want to meet their housing needs without violating sharia principles. There are several ways to buy a house without usury, one of which is to choose a sharia housing developer that offers a sharia financing scheme or a murabaha system.
If you are looking for a trusted sharia housing developer that offers an eco-friendly sharia housing concept, then SKB Group is the right choice.
Don’t hesitate to buy a house without usury by choosing SKB Group as your preferred sharia housing developer.
Visit the official SKB Group website at www.sugisgroup.com to find out more about the products offered and don’t hesitate to contact SKB Group customer service to get more information or consult regarding buying a house without usury.
