We are all betrayed by Guidance Residential. There is nothing Islamic about it. I bought a house and Guidance financed it a couple of years ago. I am receiving bills from American Bank for my monthly payments. There is interest (riba) in my bill, LLC fee, and some other fees. There is no difference between this bank and other American bank. I feel deceived and sinful for this deal.
@nazeercurry524810 ай бұрын
🥇🕋
@chifladofool1 Жыл бұрын
Liars 😂. Full of fake scholars. Fannie and Freddie. Sells your loan to Us Bank or others. Don’t fall for their lies and trap. Their source of income is interest based. Khallas.
@a.a.7894 Жыл бұрын
Can someone please share the link to fatwa that he is mentioning it here
@chifladofool1 Жыл бұрын
Fake fatwa by sell out scholars of Amja. Don’t even bother.
@imadtarabichi79298 ай бұрын
I searched AMJA website: The ruling of the RFC Committee concerning this company is that it is permissible to deal with them in the face of need. The representatives of this company are advised to review those defective portions of their contract.
@adhamtahir4174 Жыл бұрын
Shekh i brought my home in 2007 the house when i bought it it was new houses for $247k after 14 year just mis some payment in 2009 but still i have to pay afte 14 year making payment $210k remain ,
@chifladofool1 Жыл бұрын
Yes that’s because guidance is a scam about not halal at all. Don’t believe in these paid scholars by guidance. The truth is, just like a traditional mortgage, you’re paying interest mostly for the first 15 years of your payment. Very little amount goes into your principal, therefore you’re not really the owner of the home. Once you start making payments after the 15 year mark, you start paying more principal and less interest. This is clearly haram because in the first 15 years you can lose your job, die, etc and in that case they will take your house back and you’ll be on the streets.
@zodiackiller47432 жыл бұрын
What about a cash out refinance with the Islamic bank
@SamadRouf2 жыл бұрын
I want to know that too…
@JohnDoeX196611 ай бұрын
Did you figured the answer to this question?
@JohnDoeX196611 ай бұрын
@@SamadRoufdid you figure it out?
@akusa892 жыл бұрын
Amy idea should I get it or wait
@user-user-user-user.2 жыл бұрын
Shukran
@Johnsmith-yv8tx4 жыл бұрын
Dont try to fool Allah by ideas like these! simple Bank buy house for 300K and sell it to the customer for 320K on straight up payments! how about this, the bank is making 20k and the customer got a house on payments. Islamic way is simply sell me a house that you own and I make payments for the exact amount. The story of renting and musharaka is similar to riba, is a joke! musharaka will cost way more than regular riba.
@yusefarline50963 жыл бұрын
Sounds like you are troll using a fake name
@wakmanazimi Жыл бұрын
@@yusefarline5096 Its not Islamic, its clearly riba, see Sheikh Al Assim video on this. (they are gonna remove this comment)
@Entrepreneurusa6 күн бұрын
@@yusefarline5096Those who can’t reach the tree they say it’s bad fruits
@seekknowledge20108 жыл бұрын
Why all the figures that talks about Guidance loan are South Asian why not Arabic middle eastern Scholars? I do not have much confident on deshi scholars. I spoke with some home buyers that borrowed money from Guidance and they are telling me in Guidance you end up paying more. Asked few imams and they are not giving green signals about it either. I wish we had some scholars from middle eastern put their thought on this.
@Royalsedan5 жыл бұрын
tom kim Asalamualikom, I think this article will help you. It’s from AMJA scholars who are representing United States Imams and most of them from the Middle East. www.amjaonline.org/en/articles/entry/amja-resident-fatwa-committee-resolution-about-islamic-home-financing-companies-in-the-us
@wakmanazimi Жыл бұрын
Its not Islamic, its clearly riba, see Sheikh Al Assim video on this. (they are gonna remove this comment)