Asalaamalaykum,
If somoene is settling final payments with Islamic finance provider in the UK and their current finance is on the names of both husband and wife. Wife doesn’t earn because she looks after family at home.
While completing paperwork, qustion being asked from Solicitor to chose House Ownership between “Beneficial Joint Tenancy” vs “Tenancy in Common”.
Is there any restrictions on one of these? Which one is recommended/preferred/not preferred from Islamic perspective and why? Can you please elaborate?
Wassalam,
Aamir