Allied Asset Advisors — Iman Fund
Profit Rate
Contact for rates
Min Down
Contact
States
All 50
Verified
Yes
IjaraCDC — Ijara Community Development Corp.
Profit Rate
7% – 8.5%
Min Down
20%
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
IjaraCDC — Ijara Community Development Corp. — 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.
IjaraCDC — Ijara Community Development Corp.
Michigan-based nonprofit specializing exclusively in the Ijara (lease-to-own) home financing model. Operates as a Sharia compliance structuring organization — not a lender. Covers Independently rated 4.1/5 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 reviewIjaraCDC — Ijara Community Development Corp.
IjaraCDC is our recommendation for buyers specifically seeking Ijara financing and for community institutions financing mosques, schools, or Islamic centers. Its nonprofit mission and educational focus are genuine differentiators. We recommend verifying current contract compliance with a qualified scholar before proceeding, given AMJA's historical concerns.
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. IjaraCDC — Ijara Community Development Corp. 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. IjaraCDC — Ijara Community Development Corp.: Michigan-based nonprofit specializing exclusively in the Ijara (lease-to-own) home financing model. Operates as a Sharia compliance structuring organization — not a lender. Covers all 50 US states and Canadian provinces. See the full rating breakdown and product comparison above.