Ameen Housing Co-operative
Profit Rate
6.75% – 7.75%
Min Down
20%
States
7 states
Verified
Yes
Allied Asset Advisors — Iman Fund
Profit Rate
Contact for rates
Min Down
Contact
States
All 50
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
Ameen Housing Co-operative — 7 States
Allied Asset Advisors — Iman Fund — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Ameen Housing Co-operative
California-based Islamic housing cooperative founded in 1980. One of the earliest halal housing providers in the US, serving the Bay Area and West Coast Muslim community for over 4 Independently rated 4.3/5 with particularly strong scores on Sharia compliance.
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.
* 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.
Ameen Housing Co-operative
Ameen Housing is our recommendation for Bay Area Muslim buyers who value the cooperative model and community membership over transaction speed. Its 45-year history in the California Muslim community is a testament to its integrity. For buyers who need fast financing, Guidance Residential or UIF are better fits.
Full reviewAllied 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 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.
Ameen Housing Co-operative serves 7 states: CA, TX, WA, OR, NV, AZ, CO.
Yes. Allied Asset Advisors — Iman Fund is licensed in all 50 US states.
Ameen Housing Co-operative: California-based Islamic housing cooperative founded in 1980. One of the earliest halal housing providers in the US, serving the Bay Area and West Coast Muslim community for over 45 years. 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. See the full rating breakdown and product comparison above.