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UIF Corporation (incl. LARIBA legacy) vs Allied Asset Advisors — Iman Fund: Islamic Finance Comparison

UIF Corporation (incl. LARIBA legacy)

4.7
Higher Rated
VS

Allied Asset Advisors — Iman Fund

4.4

UIF Corporation (incl. LARIBA legacy)

Profit Rate

6.99% – 7.99%

Min Down

20%

States

All 50

Verified

Yes

mortgagemortgage

Allied Asset Advisors — Iman Fund

Profit Rate

Contact for rates

Min Down

Contact

States

All 50

Verified

Yes

investinginvesting

Detailed Rating Comparison

UIF Corporation (incl. LARIBA legacy)CategoryAllied Asset Advisors — Iman Fund
4.7

Overall Score

4.4
4.9

Sharia Compliance

4.7
4.7

Transparency

4.5
4.8

Customer Service

4.3

States Served

UIF Corporation (incl. LARIBA legacy) — All 50 States

🌎 Nationwide coverage

Available in all 50 US states

Allied Asset Advisors — Iman Fund — All 50 States

🌎 Nationwide coverage

Available in all 50 US states

Fair Meridian Verdict

UIF Corporation (incl. LARIBA legacy)

Michigan-based Islamic finance pioneer offering Musharakah and Ijara home financing since 2003. On April 1, 2026, LARIBA merged into UIF — combining two US Islamic finance pioneers Independently rated 4.7/5 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.

Apply at UIFFull Review
Apply at AlliedFull Review

Fair Meridian Verdict: UIF Corporation (incl. LARIBA legacy) vs Allied Asset Advisors — Iman Fund

Overall winner: UIF Corporation (incl. LARIBA legacy) (4.7/5)

UIF Corporation is our top recommendation for Michigan buyers and the best choice for anyone seeking the combined expertise of UIF's Musharakah/Ijara offering and LARIBA's legacy DBCOF model — now unified under one platform after their April 2026 merger. The combined entity has financed over $7.8B in Islamic home purchases and serves all 50 states.

UIF Corporation (incl. LARIBA legacy)

UIF Corporation is our top recommendation for Michigan buyers and the best choice for anyone seeking the combined expertise of UIF's Musharakah/Ijara offering and LARIBA's legacy DBCOF model — now unified under one platform after their April 2026 merger. The combined entity has financed over $7.8B in Islamic home purchases and serves all 50 states.

Full review

Allied 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 review

Ratings based on independent editorial research. No provider pays to receive a higher score.

Who Should Choose Each Provider?

Choose UIF Corporation (incl. LARIBA legacy) if…

  • You are buying in any of the 50 US states
  • You prefer ISNA certification — the leading North American Islamic body
  • You want Ijara (lease-to-own) as an alternative to Musharakah
  • You want the highest-rated Islamic finance provider (4.7/5)
  • You are buying near Southfield and want in-person service
  • Michigan-based Islamic finance pioneer offering Musharakah and Ijara home financing since 2003

Choose Allied Asset Advisors — Iman Fund if…

  • You are buying in any of the 50 US states
  • You are buying near Burr Ridge and want in-person service
  • Illinois-based subsidiary of the North American Islamic Trust (NAIT), managing the Iman Fund (IMANX) — a Sharia-compliant US equity mutual fund since 2000

Frequently Asked Questions

Based on Fair Meridian's independent ratings, UIF Corporation (incl. LARIBA legacy) scores higher overall with a 4.7/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.

Yes. UIF Corporation (incl. LARIBA legacy) is licensed in all 50 US states.

Yes. Allied Asset Advisors — Iman Fund is licensed in all 50 US states.

UIF Corporation (incl. LARIBA legacy): Michigan-based Islamic finance pioneer offering Musharakah and Ijara home financing since 2003. On April 1, 2026, LARIBA merged into UIF — combining two US Islamic finance pioneers. Serves all 50 states. FDIC-insured through University Bank. 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.

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