Owning a house

[Niksik]

Re: Owning a house

@Mirch

1. There is no difference one is called Bhagat Ram the other one has been named Allah Ditta. The Genetic makeup is same.
   2.No the so called home owner had to take the loss. Father of Allah Ditta i.e so called Islamic Finance company still does not have to share loss on the market value of the home.

So explain teh concept of Islamic Banking for me. How does taking your home loan from an Islamic instituion differ from the conventional mortgage?