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Watch our videos and learn more about how Guidance's Shariah-compliant home financing works.

HOW DOES ISLAMIC HOME FINANCING WORK?
HOW DOES ISLAMIC HOME FINANCING WORK?
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.
WHY DOES GUIDANCE RESIDENTIAL SET UP AN LLC TO FACILITATE YOUR HOME FINANCING?
WHY DOES GUIDANCE RESIDENTIAL SET UP AN LLC TO FACILITATE YOUR HOME FINANCING?
In this video:
  • Guidance is a wholly owned subsidiary of its Muslim-owned parent company and not a bank.
  • Guidance utilizes the Musharakah method of home financing for strict Shariah adherence.
  • LLC is created to avoid trading in debt which is prohibited by Shariah.
WHAT IS THE DIFFERENCE BETWEEN GUIDANCE'S SHARIAH-COMPLIANT HOME FINANCE PROGRAM AND A MORTGAGE LOAN?
WHAT IS THE DIFFERENCE BETWEEN GUIDANCE'S SHARIAH-COMPLIANT HOME FINANCE PROGRAM AND A MORTGAGE LOAN?
In this video:
  • Guidance's Shariah-compliant home financing program is not a loan.
  • Interest is charged on a loan. Shariah prohibits charging interest.
  • Guidance's program is an equity based co-ownership model which is permissible by Shariah.
WHY DOES GUIDANCE SELL ITS CONTRACTS TO FREDDIE MAC?
WHY DOES GUIDANCE SELL ITS CONTRACTS TO FREDDIE MAC?
In this video:
  • Freddie Mac is not a lender nor is it a bank.
  • Freddie Mac was created by Congress in 1970 to provide liquidity in the mortgage industry.
  • Freddie Mac buys contracts issued by banks and sells it to investors in the secondary market, but the terms of the co-ownership agreement remains the same.
  • Guidance uses its own fund to facilitate initial financing to purchase the property alongside the homebuyers.
  • Shariah permits to sell what is owned.
HOW DOES GUIDANCE RESIDENTIAL DETERMINE THE PRICE FOR FACILITATING HOME OWNERSHIP THROUGH THEIR PROGRAM?
HOW DOES GUIDANCE RESIDENTIAL DETERMINE THE PRICE FOR FACILITATING HOME OWNERSHIP THROUGH THEIR PROGRAM?
In this video:
  • How Guidance Residential competes with conventional home finance markets.
  • How the usage fee price is determined.
  • Why the usage fee is permissible in Shariah.
WHAT TYPE OF PARTNERSHIP IS THIS HOME FINANCING PROGRAM BASED ON?
WHAT TYPE OF PARTNERSHIP IS THIS HOME FINANCING PROGRAM BASED ON?
In this video:
  • Different types of partnership concepts in Islamic jurisprudence.
  • Learn about The Declining Balance Co-ownership Program.
  • Customers retain all appreciating value in their home through the program.
WHAT YOU SHOULD AND SHOULDN'T DO WHEN FINANCING YOUR HOME.
WHAT YOU SHOULD AND SHOULDN'T DO WHEN FINANCING YOUR HOME.
In this video:
  • Best and worst practices for financing your home.
  • How to maintain good credit.
  • Bad financial decisions to avoid before closing.
HOW DO YOU DETERMINE IF A COMPANY'S PRODUCTS ARE SHARIAH-COMPLIANT?
HOW DO YOU DETERMINE IF A COMPANY'S PRODUCTS ARE SHARIAH-COMPLIANT?
In this video:
  • See what measures the company has taken to be Shariah-compliant.
  • Does the company have a Shariah board.
  • Does the company undergo a Shariah-compliant audit.
WHY WE DO WHAT WE DO.
WHY WE DO WHAT WE DO.
In this video:
  • Provide modern financial solutions that adhere to the Muslim faith.
  • Help Muslim communities obtain a clear and trusted path to homeownership.
WHAT QUESTIONS SHOULD I BE ASKING A COMPANY PROVIDING FINANCIAL SERVICES TO MUSLIMS?
WHAT QUESTIONS SHOULD I BE ASKING A COMPANY PROVIDING FINANCIAL SERVICES TO MUSLIMS?
In this video:
  • Ask questions about authenticity.
  • Ask about competitiveness with conventional home finance providers.
  • Apply the same criteria for conventional providers to Islamic providers.