Amal Bank
Profit Rate
0% – 0%
Min Down
0%
States
All 50
Verified
Yes
Devon Bank
Profit Rate
7% – 8%
Min Down
20%
States
20 states
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
Amal Bank — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Devon Bank — 20 States
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.
Devon Bank
Chicago-based community bank offering Islamic home financing since 2003. Located on Devon Avenue, Chicago's famous international corridor. FDIC-insured, ISNA-certified. Independently rated 4.5/5 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: Devon Bank (4.5/5)
Devon Bank is our top pick for Chicago-area buyers and for buyers who want to consolidate their banking and home financing at an FDIC-insured institution. Its 80+ year history, full banking services, and ISNA certification make it uniquely trustworthy. Primary limitation is geographic coverage (~20 states).
Amal Bank
Promising new digital bank. Their checking account is excellent but savings rates could improve.
Full reviewDevon Bank
Devon Bank is our top pick for Chicago-area buyers and for buyers who want to consolidate their banking and home financing at an FDIC-insured institution. Its 80+ year history, full banking services, and ISNA certification make it uniquely trustworthy. Primary limitation is geographic coverage (~20 states).
Full reviewRatings based on independent editorial research. No provider pays to receive a higher score.
Based on Fair Meridian's independent ratings, Devon Bank scores higher overall with a 4.5/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.
Yes. Amal Bank is licensed in all 50 US states.
Devon Bank serves 20 states: IL, IN, WI, MN, MO, MI, OH, TX, GA, FL and more.
Amal Bank: Digital-only Islamic bank for US Muslims. Sharia-compliant checking and savings. Devon Bank: Chicago-based community bank offering Islamic home financing since 2003. Located on Devon Avenue, Chicago's famous international corridor. FDIC-insured, ISNA-certified. See the full rating breakdown and product comparison above.