Swiss government confirms majority stake in Swisscom for security policy - Global Banking & Finance Review
Image depicting the Swiss government building, symbolizing the confirmation of Switzerland's majority stake in Swisscom. This decision highlights the importance of state involvement in telecom for security policy.
Trading

List of Islamic Finance Providers in the United States

Published by Gbaf News

Posted on April 12, 2013

1 min read

· Last updated: December 7, 2018

Add as preferred source on Google

1 Abrar Investments, Inc.
2 Al-Baraka Bancorp Inc.
3 Al-Madina Realty, Inc.
4 Al-Manzil Islamic Financial Services
5 Amana Mutual Funds Trust
6 Ameen Housing Co-operative
7 American Finance House
8 BMI Finance & Investment Group
9 Dow Jones Islamic Index Fund of the Allied Asset Advisors Funds
10 Failaka Investments, Inc.
11 Fuloos Incorporated
12 Hudson Investors Fund, Inc.
13 MSI Finance Corporation, Inc.
14 Samad Group, Inc.
15 Shared Equities Homes
16 MEF Money
17 Islamic Credit Union of Minnesota
18 United Mortgage

Key Takeaways

  • The U.S. hosts a niche but growing sector of Islamic finance providers.
  • Providers span home financing, investment funds, and halal banking products.
  • Key players include Amana Mutual Funds Trust, Manzil Invest, UIF, LARIBA, and Guidance Residential.
  • Islamic finance structures like Musharakah, Murabaha, and Ijara are commonly used instead of interest.

References

Frequently Asked Questions

What types of services do Islamic finance providers in the U.S. offer?
They offer Shariah‑compliant home financing (Musharakah, Murabaha, Ijara), investment funds, halal banking accounts, and mutual funds.
Who are some established providers?
Notable providers include Amana Mutual Funds Trust, Manzil Invest, UIF, LARIBA, Guidance Residential, University Islamic Financial, and Devon Bank.
How do Islamic home financing models differ from conventional mortgages?
They replace interest with structures like co-ownership (Musharakah), cost‑plus sale (Murabaha), or lease‑to‑own (Ijara), avoiding riba.

Tags

Related Articles

More from Trading

Explore more articles in the Trading category