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Originally published by The Standardtop
August 5, 2026
5h ago
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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