Allied Asset Advisors — Iman Fund
Profit Rate
Contact for rates
Min Down
Contact
States
All 50
Verified
Yes
Amal Bank
Profit Rate
0% – 0%
Min Down
0%
States
All 50
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
Allied Asset Advisors — Iman Fund — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Amal Bank — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Allied Asset Advisors — Iman Fund
Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000. An $10,000 investment in Independently rated 4.4/5 with particularly strong scores on Sharia compliance.
Amal Bank
Digital-only Islamic bank for US Muslims. Sharia-compliant checking and savings. Independently rated 4.2/5 with particularly strong scores on Sharia compliance.
* Ratings based on independent editorial review. We may receive a referral fee if you apply through our links — this does not affect our ratings.
Overall winner: Allied Asset Advisors — Iman Fund (4.4/5)
Allied Asset Advisors and the Iman Fund are our recommendation for investors who value institutional Islamic credibility through the NAIT connection, mosques and Islamic institutions managing pooled assets, and long-term investors with a proven 25-year track record. The 10-year annualized return of ~12.9% is competitive. Strong choice for conservative long-term halal equity investing.
Allied Asset Advisors — Iman Fund
Allied Asset Advisors and the Iman Fund are our recommendation for investors who value institutional Islamic credibility through the NAIT connection, mosques and Islamic institutions managing pooled assets, and long-term investors with a proven 25-year track record. The 10-year annualized return of ~12.9% is competitive. Strong choice for conservative long-term halal equity investing.
Full reviewAmal Bank
Promising new digital bank. Their checking account is excellent but savings rates could improve.
Full reviewRatings based on independent editorial research. No provider pays to receive a higher score.
Based on Fair Meridian's independent ratings, Allied Asset Advisors — Iman Fund scores higher overall with a 4.4/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.
Yes. Allied Asset Advisors — Iman Fund is licensed in all 50 US states.
Yes. Amal Bank is licensed in all 50 US states.
Allied Asset Advisors — Iman Fund: Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000. An $10,000 investment in 2015 grew to $33,951 by September 2025. Amal Bank: Digital-only Islamic bank for US Muslims. Sharia-compliant checking and savings. See the full rating breakdown and product comparison above.