Assalamualaikum,

I want to buy a home for my family in the near future. I am living in Singapore anyway and there are no Islamic banks here.

An average house here costs around $300,000. I could fork out from saving and getting from my parents half that amount. But that would force me to take loans and pay interest which i don't want to do.

My only alternative is to rent a home all my life and i feel that would not be good for the kids to be constantly moving. But i keep thinking these rents could be paid as installments for my home and eventually i could actually own it.

What do you make out of this?:cry: