Wednesday | 24 April 2024 | 15 Shawaal 1445

Fatwa Answer

Question ID: 1260 Category: Dealings and Transactions
Buy house with Guidance Residential


I bought a house in Southern California with Guidance Residential finance company,

They told me that all terms and conditions are approved Ulama , 

Now some of the conditions when I buy out , or do refinance , or I sell the house, are doubtful.

Please guide me , are mulslims in  USA are permitted , that they can buy house with Guidance Residential .



 بسم اللہ الرحمن الرحیم

الجواب وباللہ التوفیق

We don't know about this company. However, the functions of such companies are usually un-Islamic, which must be avoided. if you can provide more details and terms and conditions of this company, we will then be able to provide guidance according to Shariah rules.