In Jordan, an Islamic loan is defined by an Islamic Sharia compliant financing solution granted through a Halal financial institution such a Jordanian bank that lends money to Jordanian Muslim consumers and entrepreneurs without applying Riba (interests) to follow the principles of Islamic Finance.
In Jordan, the Islamic loan follows the objectives to respond to the needs of the Jordanian Muslims when borrowing money to finance a personal or business project as the wish to comply with the Islamic Sharia by avoiding the payment of interests (Riba) in case they apply for an Islamic mortgage or a halal personal loan.
In Jordan, an Islamic mortgage is equivalent to a halal funded home loan that gives a Jordanian future property owner to acquire a Jordanian house or flat and remaining Sharia compliant given that the Jordanian Islamic bank won’t charge any Riba or interests as it is forbidden within Islamic finance.
In Jordan, the Islamic loan in 2024 can be obtained through 3 Jordanian Islamic Banks that include, Jordan Islamic Bank for Finance and Investment, International Arab Islamic Bank, and Dubai Jordan Islamic Bank, additionally other small Jordanian halal lenders are active as well.
JORDAN ONLINE SHARIA BANK
HALAL MORTGAGE TAKAFUL INSURANCE STUDENT INSURANCE CAR INSURANCE ICELAND HOME INSURANCE REAL ESTATE INSURANCE LIFE INSURANCE BUSINESS INSURANCE TRAVEL INSURANCE HAJJ UMRAH INSURANCE FUNERAL INSURANCE MOSQUE INSURANCE AUSTRALIA INSURANCE GERMANY INSURANCE ISLAMIC CAR LOAN ISLAMIC MICROFINANCE WITHOUT INTEREST BUSINESS LOAN FOR WOMEN TAKAFUL MORTGAGE LOAN WITH POOR CREDIT ISLAMIC DEBT CONSOLIDATION DISABILITY LOAN STUDENT LOAN ISLAMIC LEASING LETTER OF CREDIT PERSONAL LOAN FOR STARTUP PRIVATE LOAN CROWDFUNDING CALCULATOR FOR WEDDING FOR EXPATRIATE ISLAMIC INSURANCE INDIA TAKAFUL ISLAMIC HEALTH INSURANCE USA TAKAFUL CANADA TAKAFUL UK TAKAFUL FARMER LOAN TAXI LOAN RAMADAN LOAN LIST OF ISLAMIC BANKS ALBANIA ALGERIA AUSTRALIA ISLAMIC COLLEGE SCHOLARSHIP BAHRAIN BANGLADESH BOSNIA-HERZEGOVINA BRUNEI CANADA CHINA DENMARK DJIBOUTI EGYPT ETHIOPA FRANCE INDONESIA IRAN IRAQ IVORY COAST JORDAN KAZAKHSTAN KENYA KUWAIT KYRGYZSTAN LEBANON LIBYA LUXEMBOURG MALAYSIA MALI MAURITANIA MOROCCO NETHERLANDS NIGERIA NORWAY FINLAND ISRAEL HONG-KONG GHANA RWANDA GAMBIA SIERRA-LEONE SOMALIA MYANMAR ANGOLA MAURITIUS OMAN PAKISTAN PALESTINE PHILIPPINES QATAR RUSSIA SAUDI-ARABIA SENEGAL SINGAPORE SRI-LANKA SUDAN SWITZERLAND SYRIA TAJIKISTAN TANZANIA CYPRUS JAPAN ARGENTINA BRAZIL AUSTRIA SOUTH KOREA MALDIVES WAKALAH WADIAH AMANAH SUKUK ISLAMIC CREDIT CARD WAAD ISLAMIC HEDGING MUSAWAMA MURABAHA QARD-UL-HASAN BAI-SALAM ISTISNA MUDARABAH IJARA IJARAH-THUMMA-AL-BA IJARAH-WA-IQTINA IJARA-MAWSOOFA-BI-AL-DHIMMA TAWARRUQ MUSHARAKA BAI-MUAJJAL-BAI-BITHAMAN-AJIL BAI AL INAH HAWALA KAFALAS RAHN THAILAND TUNISIA TÜRKIYE U.A.E UNITED-KINGDOM U.S.A UZBEKISTAN YEMEN AZERBAIJAN INDIA BELGIUM GERMANY IRELAND ITALY NEW-ZEALAND SPAIN SWEDEN BULGARIA KOSOVO SOUTH-AFRICA LONDON