From Helium.com: The purchase of a home can be difficult for those who abide by Islamic law, unless there is a pot of cash available to buy a property outright. Conventional mortgages are not an option as the Quran has a prohibition against dealing with interest.
There are mortgage providers based in the UK which have addressed this issue by creating products which are in full compliance with Sharia law: however that is a matter of interpretation as different Sharia scholars interpret the law in different ways, thus what is acceptable in one scholarly view may not be in another……………………………………….Full Article: Source