IslamicFinance.de

There are three main reasons millennial homebuyers should work with an Islamic home finance provider. The first reason is less debt, less stress. Guidance Residential’s Declining Balance Co-ownership Program is a smart, low stress way to grow home owners’ equity and achieve the American Dream. Shariah principles ensure that both parties enjoy the benefits of a transaction without exploitation by either party. Secondly, faith and finance can go together. Guidance Residential’s home finance program was developed under the supervision of leading scholars of Islamic finance and with federally mandated institutions like Freddie Mac. Thirdly, social justice is a concern for many Muslim-American communities in the U.S. Islamic home finance provider programs have always avoided the speculative and unfair practices that were prevalent in the housing market. Since its inception in 2002, Guidance Residential has grown to provide over $4.6 billion in home financing and is the largest Islamic home financing provider in the U.S.

The strategy of 'technology first' and the automation of everything is not how businesses usually start. The traditional barriers have been human and financial capital, as well as various regulatory barriers. Fintech starts with anyone’s business and applies a 'technology first' approach to that model. Islamic finance in the US has taken hold. There are several institutions offering Islamic financial products. They all have websites, a comprehensive online foundation and a robust social media presence. That used to be enough once you have overcome the traditional barriers to entry, but that is no longer the case. Experts predict that in the near future, no enterprise will succeed and flourish without the right fintech services in place. Guidance Residential, a leader in the US Islamic home financing market, was among the first to identify the trend and face that challenge.

Guidance Residential announced that it has reached the $4 Billion milestone in home financing. This $4 Billion threshold is more than the cumulative production of all other providers in the market. Guidance Residential has helped approximately eighteen thousand families to date, buy or refinance their homes. The company has grown into the largest Islamic finance employer in the United States. The workforce is diverse, 20% of the employees are Muslim Americans. Guidance Residential offers home financing products and services for Muslim Americans through their Shariah-compliant, Declining Balance Co-ownership Program.

At Guidance Residential, the nation’s leading provider of Islamic home financing, our sales division is our most valued company resource. Our Field Account Executives (AEs) are considered to be the front lines for our company’s brand. Field AEs meet regularly with potential home buyers and home owners to assist them with their home financing needs. They schedule and give presentations at local mosques and community centers in an effort to educate our target market about how our unique home financing products work. Our Field AEs also educate and build referral channels from professionals such as real estate agents in order to achieve their monthly production volume goals.