Ameen Housing Co-operative
Profit Rate
6.75% – 7.75%
Min Down
20%
States
7 states
Verified
Yes
Amal Bank
Profit Rate
0% – 0%
Min Down
0%
States
All 50
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
Ameen Housing Co-operative — 7 States
Amal Bank — 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.
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: Ameen Housing Co-operative (4.3/5)
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.
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 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, Ameen Housing Co-operative scores higher overall with a 4.3/5 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. Amal Bank 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. Amal Bank: Digital-only Islamic bank for US Muslims. Sharia-compliant checking and savings. See the full rating breakdown and product comparison above.