Monthly Archives: May 2009

05/27/2009 A SwapRent based generic Islamic housing finance product example – A new type of housing finance products without foreclosure possibility (FARM)

The new Islamic finance application is a quite recent academic endeavor on my part and I will have a lot to learn about the intricacies of the Sharia principles. However, the more I looked into it the more I found … Continue reading

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05/26/2009 How SwapRent and REIDeX could help poor people own homes in developing countries.

There is no limit to what income levels that the SwapRent model could be applied to as this free market based “portable housing affordability” methodology could be applied to different situations depending on the local operators’ objectives in each developing … Continue reading

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05/23/2009 From the subprime borrowers to a puppet subprime President – America’s current conundrum.

The SwapRent.com web site was registered on the 19th of May, 2006 and the SwapRent related new “economic renting” ideas were formed and shaped into practical methodologies a few days prior to that date. As a reflection on the 3rd … Continue reading

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05/23/2009 From the subprime borrowers to a puppet subprime President – America's current conundrum.

The SwapRent.com web site was registered on the 19th of May, 2006 and the SwapRent related new “economic renting” ideas were formed and shaped into practical methodologies a few days prior to that date. As a reflection on the 3rd … Continue reading

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05/18/2009 Islamic banking application of the SwapRent transactions for homeowners.

A bit background on the current Islamic mortgage practice. Most of the current home finance products offered in Muslim countries are using either a “Murabaha” (cost plus credit sale), Ijara (leasing) or a Diminishing Musharakah (declining co-ownership) legal structures. Since … Continue reading

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