Mortgage: do not overlook borrower insurance
For a 1 MAD-million mortgage, insurance delegation can save up to MAD 30,000 over the full term.
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1. Legal mechanics
Classic loan is a money loan with interest. Mourabaha is a purchase-resale contract: bank buys the property and resells it with a fixed margin.
2. FAQ
Q.Is Mourabaha really halal?
Yes, certified compliant by the Moroccan Supreme Scientific Council.
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