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.
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