For most people, purchasing a home is the largest financial transaction that they’ll ever make. The purchase decision is without a doubt, one that must be made with careful thought and attention to detail. A potential homebuyer has many things to consider when purchasing a home. A Muslim homebuyer has the added concern of finding Sharia -Compliant financing. With the help of our Guidance Residential Account Executives, who have decades of experience working in the home-finance and residential real estate industries, we’ve compiled a list of the top ten mistakes homebuyers tend to make.
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10. NOT USING A REAL ESTATE PROFESSIONAL
Choosing the right professional for one of the most expensive purchases of your lifetime is essential. With the ease of access to tools like Google and Zillow unfortunately many people think they know it all. Don’t fall into this trap! You need to have an expert who has your best interest in mind, since the listing agent is representing the seller(s).
Your real estate agent should be is equipped with all the modern tools and technology, should have the knowledge of the local communities, ability to write proper contracts, negotiate on your behalf and most importantly hold your hand and walk you through every single step of your transaction. A good real estate professional will protect his/her client from potential issues that could arise from appraisals, inspections, and financing contingencies. Your real estate agent’s credentials are of utmost importance! It is a good idea to interview a few real estate agents before moving forward with one. Interview questions, such as the following can help you make the best decision for you and your family: 1) How many homes have you sold in the last year 2) How many clients are you currently working with and 3) Where have most of your clients purchased a home.
9. NOT HAVING A PLAN FOR WHERE YOU WANT TO PURCHASE A HOME
When looking for a home, the customer may not be fully aware of the characteristics of different areas. Start making a list of ‘Make or Break Deals’ for you in a home and those characteristics that are ‘Icing on the Cake,’ this will help narrow down your search list. Some common factors to consider include: School districts, ease of access, type of home, number of bedrooms and bathrooms, and Masjids.
When purchasing a home, also consider the expenses associated with the type of home you are purchasing. These expenses may be Homeowner Association Fees (HOA), Condo Fees, and insurance. Also, consider how long you plan on staying in the home because this will make an impact on your return on investment amount. You should ask yourself: “Are home prices in this area rising or declining?” “Do I plan to stay here for 5 or 10 years?” If you plan on residing in your home for a significant amount of time, consider improvements that are being made near your neighborhood, i.e. new developments or a new metro being built. These will (usually) positively impact your home value when you sell your home.
If you aren’t familiar with where you want to buy, we recommend asking your local real estate agent to show you 5-7 properties in different neighborhoods so you can familiarize yourself with the kind of house your money can buy in different areas, you can then start narrowing down your search.
8. NOT KNOWING THE HOME’S PROPERTY TAXES
Don’t forget about your real estate taxes! Property taxes can be a big game changer for a potential home buyers ability to qualify for financing. Even if you plan on paying your taxes separately from your mortgage, your monthly taxes will still be taken into consideration when you are applying for financing. Make sure to ask about the home’s property taxes early on in the process!
7. NOT ORDERING A HOME INSPECTION
Some homebuyers tend to think that a home inspection is the same thing as an appraisal, and decide to skip out on ordering a home inspection. They are 2 different reports with 2 different purposes. The purpose of the appraisal is to give a market valuation of the home, while the purpose of a home inspection is to find out if there are any, hidden or apparent, defects in the home. Make sure to hire a licensed and reputable inspector who will explain things while going through the inspection!
6. NOT RENEGOTIATING AFTER A LOW APPRAISAL
It is vital that your purchase contract has an appraisal contingency clause that will allow you to back out of the contract and receive a refund of your earnest money deposit if the appraisal comes in lower than the sales price. It can actually be the cause of renegotiating the sales price and saving you some money! If the difference between the sales price and the appraised value of the home is significant you have strong grounds to argue that the seller of the home is overvaluing the home. If the seller is eager to sell the home then you as a home purchaser would be in a strong position to renegotiate the sales price.
On the flip side, if you and your family love the home and are willing to pay above market value for it, than the appraisal contingency does not have to kill the deal! Keep in mind, in a very competitive market or if you have a large down payment, it isn’t uncommon for buyers to waive the appraisal in order to make their offer more competitive.
5. NOT MAKING A SIGNIFICANT DOWN PAYMENT. NOT CONSIDERING THE PROFIT RATE IN SHARIA-COMPLIANT HOME FINANCING
Unless unable to, a potential homebuyer should always try to make a significant down payment. The mark that every homebuyer should aim to reach is 20%. A 20% down payment will give the homebuyer the best rate and give them significant equity right from the start of their mortgage.
On the flip side, you also want to consider the profit rate in Sharia-Compliant Home Financing. Sometimes first time home buyers will want to save up 20% down, but at the expense of a higher profit rate. This ultimately will work against your original purpose of saving money. Consider all your options and speak to your local Guidance Residential specialist to determine the best option for you.
4. HAVING BAD CREDIT
One of the main criteria needed in order to receive any type of financing is to have good credit. Anybody who is thinking about buying a home will have to be mindful of their credit standing as it will play a major role in their qualification. It is important to remember that building credit does not have to be through paying interest. A potential homebuyer can build their credit through applying for secure credit cards, 0% car loans, and making sure bills are always paid on time!
3. NOT SHOWING ENOUGH INCOME ON TAX RETURNS (FOR BUSINESS OWNERS OR SELF-EMPLOYED INDIVIDUALS)
It can be very tempting for business owners or self-employed individuals to claim every expense under the sun in order to lower their taxable income. Unfortunately, that means that there’s less money entering their pockets in the form of profits at the end of the year. When applying for financing, your gross income is irrelevant. What banks will consider is your profits, or your net income.
2. NOT KNOWING THE DIFFERENCE BETWEEN SHARIAH-COMPLIANT AND CONVENTIONAL FINANCING
Finance in general is a field that can seem intimidating and confusing. Unfortunately, financial literacy is not as prevalent in the United States as it should be. The Muslim community, being a part of the broader society is affected by this issue. It is important that you work with a financial institution that you trust, and are aware of all the ramifications of the type of financing that you choose. There are many important differences between Sharia-Compliant or Islamic Financing and conventional financing. The first and most important difference is the fact that Islamic Financing is not based on a system of borrowing and lending. Islamic Financing is nearly always asset-backed financing. Sharia-Compliant Financing can provide protections not available in conventional financing. Learn more here.
1. NOT KNOWING THE DIFFERENCES BETWEEN THE TYPES OF ISLAMIC FINANCING
Not all Islamic financing options are created equal. When seeking home financing a homebuyer should consider whether the mode of financing they are choosing is non-recourse or allows the financier to take recourse against the homebuyer’s personal assets. A potential home buyer also needs to consider whether this form of financing will allow them to refinance or restructure their contract. Another important consideration to make is whether the Islamic financial institution will take any risks along with the homebuyer.
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Thank you to our contributors: Shabeer S., Omar J., Sami K., Abdessamad M., Salah E., Mohamed H., Riffat L.
How Grandparents Can Be Of Invaluable Help In A Volatile ‘Me First’ Age
I grew up in a small rural village of a developing country during the 1950s and 1960s within a wider ‘extended’ family environment amidst many village aunties and uncles. I had a wonderfully happy childhood with enormous freedom but traditional boundaries. Fast forward 30 years, my wife and I raised our four children on our own in cosmopolitan London in the 1980s and 1990s. Although not always easy, we had a wonderful experience to see them grow as adults. Many years and life experiences later, as grandparents, we see how parenting has changed in the current age of confusion and technology domination.
While raising children is ever joyous for parents, external factors such as rapidly changing lifestyles, a breath-taking breakdown of values in modern life, decline of parental authority and the impacts of social media have huge impacts on modern parenting.
Recently, my wife and I decided to undertake the arduous task of looking after our three young grandchildren – a 5½-year old girl and her 2-year old sibling brother from our daughter, plus a 1½-year old girl from our eldest son – while their parents enjoyed a thoroughly deserved week-long holiday abroad. My wife, who works in a nursery, was expertly leading this trial. I made myself fully available to support her. Rather than going through our daily experiences with them for a week, I highlight here a few areas vis a vis raising children in this day and age and the role of grandparents. The weeklong experience of being full time carers brought home with new impetus some universal needs in parenting. I must mention that handling three young grandchildren for a week is not a big deal; it was indeed a sheer joy to be with these boisterous, occasionally mischievous, little kids so dear to us!
- Establish a daily routine and be consistent: Both parents are busy now-a-days earning a livelihood and maintaining their family life, especially in this time of austerity. As children grow, and they grow fast, they naturally get used to the daily parental routine, if it is consistent. This is vital for parents’ health as they need respite in their daily grind. For various practical reasons the routine may sometimes be broken, but this should be an exception rather than a norm. After a long working day parents both need their own time and rest before going to sleep. Post-natal depression amongst mums is very common in situations where there is no one to help them or if the relationship between the spouses is facing difficulty and family condition uninspiring.
In our trial case, we had some struggles in putting the kids to sleep in the first couple of nights. We also faced difficulties in the first few mornings when our grandson would wake up at 5.00am and would not go back to sleep, expecting one of us to play with him! His noise was waking up his younger cousin in another room. We divided our tasks and somehow managed this until we got used to a routine towards the end of the week.
- Keep children away from screens: Grandparents are generally known for their urge to spoil their grandchildren; they are more relaxed about discipline, preferring to leave that job to the parents. We tried to follow the parents’ existing rules and disciplinary measures as much as possible and build on them. Their parents only allow the children to use screens such as iPads or smartphones as and when deemed necessary. We decided not to allow the kids any exposure to these addictive gadgets at all in the whole week. So, it fell on us to find various ways to keep them busy and engaged – playing, reading, spending time in the garden, going to parks or playgrounds. The basic rule is if parents want their kids to keep away from certain habits they themselves should set an example by not doing them, especially in front of the kids.
- Building a loving and trusting relationship: From even before they are born, children need nurture, love, care and a safe environment for their survival and healthy growth. Parenting becomes enjoying and fulfilling when both parents are available and they complement each other’s duties in raising the kids. Mums’ relationship with their children during the traditional weaning period is vital, both for mums and babies. During our trial week we were keenly observing how each of the kids behaved with us. We also observed the evolution of interesting dynamics amongst the three; but that is a different matter. In spite of occasional hiccups with the kids, we felt our relationship was further blossoming with each of them. We made a habit of discussing and evaluating our whole day’s work at night, in order to learn things and plan for a better next day.
A grandparent, however experienced she or he may be, can be there only to lend an extra, and probably the best, pair of hands to the parents in raising good human beings and better citizens of a country. With proper understanding between parents and grandparents and their roles defined, the latter can be real assets in a family – whether they live under the same roof or nearby. Children need attention, appreciation and validation through engagement; grandparents need company and many do crave to be with their own grandchildren. Young grandchildren, with their innate innocence, do even spiritually uplift grandparents in their old age.
Through this mutual need grandparents can transfer life skills and human values by reading with them, or telling them stories or just spending time with the younger ones. On the other hand, in our age of real loneliness amidst illusory social media friends, they get love, respect and even tender support from their grandchildren. No wonder the attachment between grandparents and grandchildren is often so strong!
In modern society, swamped by individualism and other social ills, raising children in an urban setting is indeed overwhelming. We can no longer recreate ‘community parenting’ in the traditional village environment with the maxim “It needs a village to raise a child’, but we can easily create a productive and innovative role for grandparents to bring about similar benefits.
Our Struggles – Mental Health And Muslim Communities | The Family and Youth Institute
By Elham Saif, Sarrah AbuLughod and Wahida Abaza
Fariha just started her freshman year at university. Overnight, she was separated from her support system of family and friends and thrust into a foreign environment. She was facing many new challenges, including a heavier workload, new friends, student clubs and organizational responsibilities. She was drowning in endless assignments, exams, and meetings.
Fariha never thought much about mental health issues beyond the few “mindfulness” posts that she’d scroll through on her Instagram feed, but recently she was starting to feel out of sorts. She started to feel anxious as a hijab-wearing woman on campus especially after hearing about anti-Muslim incidents on the news. All of the possibilities of what could go wrong played over and over again in her head–and kept her up at night. Everything was beginning to feel overwhelming. She started having trouble getting out of bed in the morning and was losing motivation to complete her assignments. She felt confused and at times, even afraid.
According to the National Institute of Mental Health, close to 50 million Americans suffered from mental health issues in 2017. One in 5 adults in America is living with a mental health illness at this very moment. American Muslims are not an exception to these statistics. According to different studies, like Fariha, 15-25% of American Muslims report suffering from anxiety disorders and 9-30% report mood disorders. Many of these mental health issues in the Muslim population go unaddressed and unresolved because of lack of knowledge, stigma and shame experienced in many Muslim households and communities.
When these issues go unaddressed, people report that the pain and suffering they experience rises and that overall their problems tend to get worse. Sadly, their struggles can snowball into additional illnesses that were not present before, such as self-harm or addiction. According to the research, mental illnesses such as depression, anxiety, and bipolar disorder are sometimes not considered to be “real” illnesses. Community members often see mental illness as a sign of weakness, a mark of poor faith, or something that doesn’t affect Muslims. They may also see it either as a “test from God” or sometimes as possession by evil spirits. Even when there is an awareness, many of these illnesses and issues are culturally stigmatized as shameful and kept hidden within the person or family. People may be concerned about the reputation of their family or their marital prospects should a psychiatric diagnosis be disclosed.
The irony is that Islam ought to be more of a protective factor given how intertwined Islamic history is with the fields of psychiatry and psychology. The contribution of Islamic scholarship to the field of psychology is documented in our history and legacy from health promotion in the Quran and Sunnah, to early scholarly diagnosis, treatment, and intervention. Alaa Mohammad, FYI researcher and co-author of the chapter “Mental Health in the Islamic Golden Era: The Historical Roots of Modern Psychiatry” in Islamophobia and Psychiatry points out that,
“there was a lot of focus on concepts like ‘sanity’ and the significance of mental capacity as well as the general mental/emotional state in many of the early Islamic texts especially in regards to Islamic rules and law.”
Early Islamic scholars described the “cognitive components of depression and sadness, anxiety and fear, obsessions, and anger in detail and suggested a variety of therapies and treatments.” Learning more about this rich history and pulling from these stories in the Prophet’s (SAW) seerah is a key step towards opening the way for people to get the help they need and learning how to support one another.
Fariha knows that she needs help. She was considering seeing one of the mental health workers on campus, but she’s afraid of what her parents would say if they found out she shared so much with a stranger, especially one that is not a Muslim.
What can parents do?
Research has found that in the face of rising Islamophobia, supportive parenting serves as a protective factor and helps strengthen young Muslims’ sense of identity while unsupportive parents who don’t help their children navigate their experiences end up weakening their identity, which then increases their chances of participating in more risky behavior.
When Fariha finally shared her fears and anxieties with her parents, she was surprised and relieved to hear that they took her seriously. They listened to her and she didn’t feel like they were ashamed of her, only concerned for her well being. They were eager to find her the help she needed to feel like herself again.
As Muslims, we need to shift our mindset around mental illness and the effects of Islamophobia. Like Fariha’s parents, it is imperative that we listen carefully and look more deeply at the issues facing our youth. It is through this openness that we can reduce the stigma and encourage more people to seek help.
The Family and Youth Institute recently released an infographic that talks about some of the struggles facing our American Muslim communities. They teamed up with Islamic Relief USA to get this infographic printed as a poster and will be sending them to over 500 masajid/community centers around the United States in the coming months.
What can you do to help?
- Reduce the stigma by sharing this article and infographic and starting a conversation with your friends and family members. The more we talk about it, the more we normalize and destigmatize mental illness and move towards mental health.
- Organize a community conversation around the issue of mental health. Invite a mental health specialist to come speak to your mosque youth group or parent group.
- Seek therapy when needed. Connect with SEEMA and the Institute of Muslim Mental Health for a list of Muslim therapists. If you are seeing a clinician who is not Muslim, share this book Counseling Muslims: Handbook of Mental Health Issues and Interventions with them to give them a better sense of the specific religious and cultural needs of their Muslim clients.
- Educate yourself – There is a plethora of information out there about mental wellness and wellbeing. For help navigating through it all, sign up for The FYI’s daily article share to receive vetted infographics, articles and videos on this topic. Mental health affects our whole life. Whether you are struggling with bullying, helping a loved one with depression, living with and caring for an elder or wanting to build the best environment for your new baby, we have a resource for you!
These steps are just small ways we can begin to shift the conversation away from shame and stigma and towards help and healing. Mental illness and mental health issues can be scary, but they do not need to be faced alone and in isolation. As the Prophet Muhammad said, “The parable of the believers in their affection, mercy, and compassion for each other is that of a body. When any limb aches, the whole body reacts with sleeplessness and fever.” Together, we can fight the existing stigma and misconceptions, provide support, educate the community and advocate for our brothers and sisters suffering with mental illness and their families.
Aftab A., & Khandai, C. (2018). Mental Health Facts for Muslim Americans. APA Division of Diversity and Health Equity, Washington, DC.
Basit A, & Hamid M. (2006). Mental health issues of Muslim Americans. The Journal of Islamic Medical Association of North America, 42(3), 106-110.
Ciftci A., Jones N., & Corrigan, P.W. (2013) Mental health stigma in the Muslim community. Journal of Muslim Mental Health, 7(1), 17-32.
Hodge, D.R., Zidan, T. & Husain, A. (2016). Depression among Muslims in the United States: Examining the role of discrimination and spirituality as risk and protective factors. Social Work, 61(1), 45-52.
Zong, X., Balkaya, M., Tahseen, M., & Cheah, C.S.L. (2018). Muslim-American Adolescents’ Identities Mediate the Association between Islamophobia and Adjustment: The Moderating Role of Religious Socialization. Poster session presented at the biennial meeting of the International Society for the Study of Behavioural Development, Queensland, Australia.
Loving Muslim Marriage | Is it Haraam to Talk About Sex?
Female sexual nature and female sexual desires are often misunderstood, especially among Muslims. There are some classes and seminars by Muslim speakers that offer advice to Muslim couples about intimacy but unfortunately, the advice is not exactly aligned with correct female sexual nature.
So we decided to come together to clarify these misunderstandings and explain the sexual nature of women and their desires, so we can help build healthy intimacy within Muslim marriages leading to happier Muslim marriages.
This is going to be a series of videos that we will release every week, inshaAllah.
What should be expected out of these videos?
Each video will address a specific myth or misconception about either female sexuality, or Muslim marriage to help men better understand women. We will also explore male sexuality and other subjects.
– to help better quality marriage
– to help couples- both men and women- get a more satisfying intimate life
– to help women navigate intimate life in a manner where they are fulfilled, paving the way for involvement and desiring of intimacy; breaking the cycle of unsatisfying intimate lives for both husband and wife
Please keep in mind that these videos are for people with normal sexual desires — they are not meant to address asexuality.
The content of these videos is a mean to provide marital advice based on mainstream orthodoxy as well as best practices and relationships.
Some experts joined us in these videos to offer their expertise from an Islamic and professional perspective:
Shaikh AbdulNasir Jangda: He was born and raised in Dallas, Texas and at the age of 10 began the road to knowledge by moving to Karachi, Pakistan, and memorizing the entire Qur’an in less than one year. After graduating from high school, he continued his studies abroad at the renowned Jamia Binoria and graduated from its demanding seven-year program in 2002 at the top of his class with numerous licenses to teach in various Islamic Sciences. Along with the Alim Course he concurrently completed a B.A. and M.A. in Arabic from Karachi University. He also obtained a Masters in Islamic Studies from the University of Sindh. He taught Arabic at the University of Texas at Arlington from 2005 to 2007. He served as the Imam at the Colleyville Masjid in the Dallas area for three years. He is a founding member and chairman of Mansfield Islamic Center.
He is the founder of Qalam Institute and he has served as an instructor and curriculum advisor to various Islamic schools. His latest projects include Quran Intensive (a summer program focusing on Arabic grammar and Tafsir), Quranic analysis lectures, Khateeb Training, chronicling of the Prophetic Biography, and personally mentoring and teaching his students at the Qalam Seminary.
In these videos, Sh. Jangda helped present the Islamic rulings and corrections of various misconceptions regarding intimacy and female sexuality.
Dr. Basheer Ahmed: He is a Board Certified Psychiatrist with 18 years of teaching experience at various medical schools. He started off his career by teaching at Albert Einstein College of Medicine in New York as a Psychiatrist in 1971. Then he started his own private practice in 1984 till the present time. Meanwhile, he continued to teach at various universities around the U.S.
He is also the Chairman of MCC Human Services in North Texas.
In these videos, Dr. Basheer explained several psychological conditions that women may suffer through when they are sexually dissatisfied in a marriage.
Zeba Khan: She is the Director of Development for MuslimMatters.org, as well as a writer, speaker, and disability awareness advocate.
She helped address the uncomfortable myths and misconceptions throughout these videos and helped provide the correct perspective of female and marital intimacy for Muslim couples to enjoy a better marriage.
Usman Mughni: He is a Marriage & Family Therapist and holds a Master’s of Science degree
Northern Illinois University and a B.S. in Psychology from the University of Maryland, along with a degree in diagnostic medical imaging. He worked as a therapist at Alexian Brothers Behavioral Health Hospital in the Center for Addiction Medicine. Usman has experience providing counseling to individuals, couples, and families at Northern Illinois University’s Family Therapy Clinic along with experience working with individuals, couples, and families struggling with chemical dependency and mental health diagnoses and running psychoeducational group therapy at Centegra Specialty Hospital’s partial hospitalization and intensive outpatient programs.
Since Usman enjoys working with couples to help bring tranquility back into the marriage and providing premarital counseling to couples who hope to have a successful marriage at a time when divorce seems to be on the rise, he especially joined us in this series to offer his expertise. He highlighted the most common intimacy issues in Muslim marriages that he has observed throughout the years of his experience as a therapist. His insights and knowledge has helped us clarify many misconceptions not only regarding female sexual nature but also about men and marital intimacy.
Ustadha Saba Syed: She has a BA degree in Islamic Studies. She studied Arabic Language and Literature at Qatar University and at the Cairo Institute in Egypt. She also received her Ijaazah in Quranic Hafs recitation in Egypt from Shaikh Muhammad al-Hamazawi.
She’s been passionately working towards empowering Muslim women through the correct and untainted teachings of Islam. She is a pastoral counselor for marriage, family, women and youth issues. She has hosted several Islamic lectures and weekly halaqas in different communities all over U.S and overseas. SHe also hosted special workshops regarding parenting, Islamic sex-ed, female sexuality, and marital intimacy.
She took the initiative of putting together these videos because through her pastoral counseling experience she realized that there are many marital intimacy problems in Muslim marriages, mainly due to the misunderstandings and misconceptions regarding female sexuality and female sexual nature.
Hence, with the speakers above, and with these videos we hope to clarify and explain as many myths and misconceptions that we believe have become a hindrance to happiness and success in Muslim marriages. We welcome your comments and suggestions in order to make this series more successful.