The role of community in Islamic housing and homeownership
2 min read
At Pfida, we understand that owning a home is more than just a personal milestone; it is a way to strengthen communities and stay true to our values. That is why OwnTogether, our Shariah-compliant co-ownership model, is designed to make home ownership accessible, transparent, and built on a real partnership.
Community and partnership in every step
OwnTogether is rooted in the principle of shared responsibility. We buy your chosen property together, and you gradually purchase our share at your own pace, paying rent only on the part you do not yet own.
With Pfida, there is no compounding interest or late payment penalties. Our agreements are simple and openly explained, so you can move forward with clarity and confidence.
How Pfida stands by you
- Shared ownership: We own the property with you, making the process collaborative from start to finish.
- Halal and transparent: OwnTogether follows Shariah principles with clear terms, no hidden fees, and agreements you can easily understand.
- Support when you need it: If you face challenges, our team is ready to listen and help. We aim to offer practical flexibility, ensuring you do not have to handle difficulties alone.
- No interest or penalties: We never add compounding interest or arbitrary charges, so your path to ownership remains straightforward.
- Flexible payments: With a debt-free structure, you can adjust your payments from month to month, giving you greater control and peace of mind.
- Debt free and flexible: With Pfida, there is no interest, no loans and no compounding debt. You can adjust your payments from month to month, giving you full control and flexibility over your journey to homeownership.
- Fair share purchases: As you buy more of your home over time, you will always pay the original price, not the market value. This ensures you benefit from any appreciation, not lose out because of it.
Building community through home ownership
Pfida’s mission is to help build connected and supportive communities across the UK, not just provide property finance. When you choose OwnTogether, you are joining a movement that puts people at the heart of every decision.
We welcome you to reach out at hello@pfida.com, ask questions, and see how OwnTogether can help you achieve halal home ownership with the reassurance of a partner who truly cares about your journey.
