Guidance Achieves Half a Billion Dollars in Sharia-Compliant Home Financing

Reston, VA: Guidance Financial Group (“Guidance”), an international Islamic financial services company, has announced that it has now provided over half a billion dollars in home financing contracts. This achievement marks a first for any institution operating within the Islamic finance industry to have reached the half billion dollar milestone in the US residential financing sector.

In just over three years, Guidance has established itself as the premier provider of the highest quality Sharia-compliant home financing in the US. Based on a concept known as diminishing musharaka, the company’s Declining Balance Co-ownership program has helped thousands of Muslim families achieve home ownership with peace of mind. In this short period of time, Guidance has grown to employ more than 85 employees nationally, covering 17 states and Washington, DC.
The company plans to continue expanding its products and services to meet the needs in the Islamic finance market.
Guidance Financial Group is an international company dedicated to serving the market for Sharia-compliant financial products and services. Guidance offers unique investment products to institutional investors and financial intermediaries worldwide, and provides financial services to its retail customer base in the United States. Guidance’s commitment to intensive research and development and solid operational support for its products has allowed it to develop unique financial solutions that address unmet needs of the Sharia-compliant market.


Editor: Akhtar M. Faruqui
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