Devon Bank
Profit Rate
7% – 8%
Min Down
20%
States
20 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
Devon Bank — 20 States
Allied Asset Advisors — Iman Fund — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
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.
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: 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).
Devon 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 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, 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.
Devon Bank serves 20 states: IL, IN, WI, MN, MO, MI, OH, TX, GA, FL and more.
Yes. Allied Asset Advisors — Iman Fund is licensed in all 50 US states.
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. 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.