Devon Bank
Profit Rate
7% – 8%
Min Down
20%
States
20 states
Verified
Yes
Azzad Asset Management
Profit Rate
Contact for rates
Min Down
Contact
States
All 50
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
Devon Bank — 20 States
Azzad Asset Management — 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.
Azzad Asset Management
Falls Church, VA-based Islamic wealth management firm founded 1997. Offers the Azzad Ethical Fund (only halal mid-cap fund in the US) and Azzad Wise Capital Fund (first halal fixed 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.
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 reviewAzzad Asset Management
Azzad Asset Management is our top recommendation for Muslim investors seeking the only halal mid-cap fund in the US, investors needing a fixed income alternative (Azzad Wise Capital Fund), and families wanting integrated Islamic financial planning. Its 29-year track record, Amanie Advisors certification, and 2025 Lipper Fund Award make it one of the most credible halal asset managers in the country.
Full reviewRatings based on independent editorial research. No provider pays to receive a higher score.
Devon Bank and Azzad Asset Management are equally rated in our independent assessment. The best choice depends on your state availability, preferred financing structure, and down payment.
Devon Bank serves 20 states: IL, IN, WI, MN, MO, MI, OH, TX, GA, FL and more.
Yes. Azzad Asset Management 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. Azzad Asset Management: Falls Church, VA-based Islamic wealth management firm founded 1997. Offers the Azzad Ethical Fund (only halal mid-cap fund in the US) and Azzad Wise Capital Fund (first halal fixed income fund in the US), plus comprehensive financial planning for Muslim families. See the full rating breakdown and product comparison above.