UIF Corporation (incl. LARIBA legacy)
Profit Rate
6.99% – 7.99%
Min Down
20%
States
All 50
Verified
Yes
Devon Bank
Profit Rate
7% – 8%
Min Down
20%
States
20 states
Verified
Yes
Overall Score
Sharia Compliance
Transparency
Customer Service
UIF Corporation (incl. LARIBA legacy) — All 50 States
🌎 Nationwide coverage
Available in all 50 US states
Devon Bank — 20 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 Independently rated 4.7/5 with particularly strong scores on Sharia compliance.
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.
* 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: 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 reviewDevon 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 reviewRatings based on independent editorial research. No provider pays to receive a higher score.
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.
Devon Bank serves 20 states: IL, IN, WI, MN, MO, MI, OH, TX, GA, FL and more.
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. 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. See the full rating breakdown and product comparison above.