How Does Islamic Home Financing Work?
2:33
In this video:
- How does the current financial system work?
- Shortcomings of the current financial system.
- The alternative way to finance a home with Guidance’s Declining Balance Co-ownership Program.
Related Resources:
Shariah Supervision In Modern Islamic Finance
While a business may attempt to represent itself as “Islamic,” unless it has qualified Shariah supervision, it has no way of certifying that its services, [..]
Read More
The Difference Between an Islamic and Conventional Mortgage
Find out how an Islamic mortgage is different than a conventional home loan in terms of interest, risk, and the financial model.
Read More
What Kind of Partnership Does Guidance Use?
There are various types of musharakah (partnerships) in Islamic jurisprudence. Shirkat-ul-‘Aqd – A traditional partnership normally used for joint commercial ventures. Shirkat-ul-Milk – Declining balance [..]
Read MoreInterested In More?
Sign up for our newsletter to stay up to date with the latest on mortgage news, rates and more.
