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Allied Asset Advisors — Iman Fund vs Ijara Community Development Corporation: Islamic Finance Comparison

Allied Asset Advisors — Iman Fund

4.4
Higher Rated
VS

Ijara Community Development Corporation

4.3

Allied Asset Advisors — Iman Fund

Profit Rate

Contact for rates

Min Down

Contact

States

All 50

Verified

Yes

investinginvesting

Ijara Community Development Corporation

Profit Rate

6.9% – 7.5%

Min Down

20%

States

10 states

Verified

Yes

mortgage

Detailed Rating Comparison

Allied Asset Advisors — Iman FundCategoryIjara Community Development Corporation
4.4

Overall Score

4.3
4.7

Sharia Compliance

4.8
4.5

Transparency

4.2
4.3

Customer Service

4.1

States Served

Allied Asset Advisors — Iman Fund — All 50 States

🌎 Nationwide coverage

Available in all 50 US states

Ijara Community Development Corporation — 10 States

CAFLILMIMNNJNYTXVAWA

Fair Meridian Verdict

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.

Ijara Community Development Corporation

Non-profit Ijara home financing since 2005, helping thousands of families. Independently rated 4.3/5 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.

Apply at AlliedFull Review
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Fair Meridian Verdict: Allied Asset Advisors — Iman Fund vs Ijara Community Development Corporation

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 review

Ijara Community Development Corporation

Trusted non-profit provider with a strong community focus. Excellent for first-time homebuyers.

Full review

Ratings based on independent editorial research. No provider pays to receive a higher score.

Who Should Choose Each Provider?

Choose Allied Asset Advisors — Iman Fund if…

  • You are buying in any of the 50 US states
  • You are buying near Burr Ridge and want in-person service
  • Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000

Choose Ijara Community Development Corporation if…

  • You prefer ISNA certification — the leading North American Islamic body
  • You want Ijara (lease-to-own) as an alternative to Musharakah
  • You are buying near Chicago and want in-person service
  • Non-profit Ijara home financing since 2005, helping thousands of families

State Coverage Comparison

Allied Asset Advisors — Iman Fund — All 50 States

Allied Asset Advisors — Iman Fund is licensed in all 50 US states. See local options by state →

Ijara Community Development Corporation — 10 States

CAFLILMIMNNJNYTXVAWA

Frequently Asked Questions

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.

Ijara Community Development Corporation serves 10 states: CA, FL, IL, MI, MN, NJ, NY, TX, VA, WA.

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. Ijara Community Development Corporation: Non-profit Ijara home financing since 2005, helping thousands of families. See the full rating breakdown and product comparison above.

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