The Fundamentals of Sharia Law on Home Financing

Empowering Muslim-American leaders with the right knowledge and understanding of Islam’s views on Riba and the financing of homes.

The American Islamic Finance (AIF) Project is a collaborative effort by major Muslim-American organizations seeking to raise the level of knowledge and understanding of Islamic financial transaction laws. Led by Guidance Residential, the nation’s pioneering provider of Islamic home financing, this united effort strongly believes that our financial markets can significantly benefit from the ethical and moral guidelines that Islam’s financial concepts provide. 
 
Homeownership, if achieved with the pleasure of Allah, can ultimately empower our community to create generational wealth that will trickle down and support our community’s growth and development to include our non-profit institutions, Islamic schools and Masajid. 
 
Neither a community of renters nor a community indebted to Riba will ever be able to truly prosper. Strengthening our community one household at a time begins with knowledge and understanding!
 
Information contained in this AIF presentation is the property of Guidance Residential, LLC and Guidance College. Replication to persons other than AIF program participants is prohibited. This exclusive training is brought to you by the American Islamic Finance Project (AIF) and made possible with the generous support of Guidance Residential.   
 
For more information on Islamic Home Financing click here.
 



Our Most Recent Training on June 22, 2023 with Dr. Imran Ashraf Usmani

 

Other Trainings Recently Held

 

Our First Landmark Effort in 2011

An Introduction to Islamic Finance:
Basic Training for American Imams

 
Held in Berkley, California with over 100 Imams from all over the States.
 







Meet our Respected Scholars

AIF Project Seminar - Headshots Speakers - Dr. Imram Ashraf Usmani

Dr. Imran Ashraf Usmani

Sharia Board Member

Guidance Residential

Dr. Mufti Muhammad Imran Ashraf Usmani is a highly respected Islamic finance scholar who has served as an advisor/member of independent Sharia Boards of several renowned institutions in various jurisdictions since 1997 including the State Bank of Pakistan, Takaful Pakistan Ltd, Pakistan Mercantile Association, UBS -Switzerland, Guidance Financial Group USA, Lloyds TSB Bank -UK, Japan Bank for International Cooperation (JABIC), Credit Suisse Switzerland, Royal Bank of Scotland Global, AIG Takaful, ACR ReTakaful Malaysia, Bank of London and Middle East Kuwait, BMI Bank Bahrain, Al Khaliji Bank Qatar, and many more. 

He also served as an Executive Committee Member of AAOIFI (Dubai), the world’s leading non-profit institution responsible for the development and issuance of standards for the global Islamic finance industry. Dr. Usmani is the son of world-renowned Islamic finance scholar Justice (Retd.) Mufti Muhammad Taqi Usmani. Both serve as members of Guidance’s independent sharia supervisory board with Mufti Muhammad Taqi Usmani serving as its Chairman. 

Dr. Main Alqudah - Blue Border-1

Dr. Main Alqudah

Associate Professor,

Guidance College

A Professor of Islamic Finance, Dr. Main is a nationally known lecturer on contract auditing of Sharia-compliant contracts. As President of Guidance College, it is Dr. Main’s vision and leadership that has guided Guidance College from its inception to where it is today and on to tomorrow’s continued growth. In addition to Islamic Finance, Dr. Main has taught a myriad of classes in Islamic Studies from elementary school to postgraduate level. Serving the Muslim Community as a Scholar, Islamic centers throughout the United States and abroad have benefited from Dr. Main’s tutelage. 

Sh. Yusuf Talal DeLorenzo - Blue Border-1

Sh. Yusuf Talal DeLorenzo

Sharia Board Member,

Guidance Residential

Shaykh DeLorenzo is a member of the Sharia Board for the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). He is considered a leading authority on Islamic finance in the United States. He has translated over twenty books from Arabic, Persian and Urdu for publication, including a three-volume Compendium of Legal Rulings on the Operations of Islamic Banks. Shaykh DeLorenzo has also been a pioneer in internet education with a course entitled 'Principles of Islamic Investing.' He is a member of Sharia Boards of several Islamic financial institutions in the United States and abroad, including Dow Jones Islamic Markets and Guidance Residential Financial Group. Shaykh DeLorenzo has served as secretary of the Fiqh Council of North America and was also an advisor on Islamic education to the government of Pakistan. Following a university education in the United States, Shaykh DeLorenzo studied the classical Sharia Sciences with scholars in Pakistan. 
 

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What Past Attendees Are Saying

Imam Tahir Anwar - Blue Border-1

“I would encourage people around the country, especially Imams who I know have a lot of questions [about Islamic finance] to attend this event."

Imam Tahir Anwar
Imam, South Bay Islamic Association & Lecturer, Zaytuna College

Dr Mohamed Moussa - Blue Border-1

“What I heard in this event was something that amazed me about our future in our financial life according to Sharia, the Quran, and Sunnah.” 

Shaykh Mohammad Moussa

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