Sharia-compliant mortgages are here - and they're not just for Muslims

(Compiler's note: Shari'a is the set of Islamic laws established by Muslim jurists, based on the Qur'an and deeds of the prophet Muhammad, as recorded beginning more than 1,200 years ago. Its end goal, for all time, is establishing a world ruled entirely by Islam and the harsh shari'a laws. These laws govern every aspect of daily life and prohibit individual, political, and religious freedoms.)

Imagine a mortgage lender who allows you to take all the increase in the price of your home when you sell, but is prepared to share any loss if the property has fallen in value. Such a deal may seem too good to be true in the current property market, but it is exactly what a handful of banks specialising in Islamic home loans are offering. ...