IjaraCDC — Ijara Community Development Corp.
Profit Rate
7% – 8.5%
Min Down
20%
States
All 50
Verified
Yes
Ameen Housing Co-operative
Profit Rate
6.75% – 7.75%
Min Down
20%
States
7 states
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
IjaraCDC — Ijara Community Development Corp. — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Ameen Housing Co-operative — 7 States
IjaraCDC — Ijara Community Development Corp.
Michigan-based nonprofit specializing exclusively in the Ijara (lease-to-own) home financing model. Operates as a Sharia compliance structuring organization — not a lender. Covers Independently rated 4.1/5 with particularly strong scores on Sharia compliance.
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.
* 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.
IjaraCDC — Ijara Community Development Corp.
IjaraCDC is our recommendation for buyers specifically seeking Ijara financing and for community institutions financing mosques, schools, or Islamic centers. Its nonprofit mission and educational focus are genuine differentiators. We recommend verifying current contract compliance with a qualified scholar before proceeding, given AMJA's historical concerns.
Full reviewAmeen 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 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.
Yes. IjaraCDC — Ijara Community Development Corp. is licensed in all 50 US states.
Ameen Housing Co-operative serves 7 states: CA, TX, WA, OR, NV, AZ, CO.
IjaraCDC — Ijara Community Development Corp.: Michigan-based nonprofit specializing exclusively in the Ijara (lease-to-own) home financing model. Operates as a Sharia compliance structuring organization — not a lender. Covers all 50 US states and Canadian provinces. 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. See the full rating breakdown and product comparison above.