UIF Corporation (incl. LARIBA legacy)
Profit Rate
6.99% – 7.99%
Min Down
20%
States
All 50
Verified
Yes
IjaraCDC — Ijara Community Development Corp.
Profit Rate
7% – 8.5%
Min Down
20%
States
All 50
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
IjaraCDC — Ijara Community Development Corp. — All 50 States
🌎 Nationwide coverage
Available 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 Independently rated 4.7/5 with particularly strong scores on Sharia compliance.
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.
* 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 reviewIjaraCDC — 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 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.
Yes. IjaraCDC — Ijara Community Development Corp. 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. 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. See the full rating breakdown and product comparison above.