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Originally published by The Standard
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August 5, 2026
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Ruto rolls out Sharia-compliant housing financing for Muslims

Ruto rolls out Sharia-compliant housing financing for Muslims

President William Ruto announces an interest-free, Sharia-compliant financing model under the Affordable Housing Programme, allowing Muslims to buy homes without violating Islamic principles...

✨ Key Highlights

President William Ruto has launched an interest-free, Sharia-compliant housing financing model under the Affordable Housing Programme, enabling Muslims to acquire homes without contravening Islamic law.

  • The new model replaces the standard 3 per cent interest rate on home loans, which had discouraged applications in Muslim-majority counties.
  • Key figures involved include President William Ruto and various Sheikhs and Imams.
  • This initiative ensures equal access to affordable housing for all Kenyans, as guaranteed by the Constitution.

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