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Buy house with Guidance Residential

Answered as per Hanafi Fiqh by ShariahBoard.org

Salam 

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. 

This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

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