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Where to Find an Islamic Mortgage

Banks and brokerage firms that offer no-riba home financing

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Do you want to buy a home, but without violating Islamic laws against usury (riba')?  The following banks and brokerage institutions offer Islamic, or no riba', home mortgages which are compliant with Islamic law.  Each company has its own mortgage model, pricing structure, and application requirements, so the consumer is advised to engage in independent research.  Seek advice from a real estate lawyer, accountant, and tax professional before committing to any purchase plan.

Lariba - American Finance House

  • Headquarters: Pasadena, California, USA
  • Region(s) Served: All U.S. States -- either directly or through affiliate, Bank of Whittier
  • Toll-Free Phone Number:  1-888-LARIBA1
  • Types of Property: House, condominium, townhouse

University Islamic Financial

  • Headquarters: Ann Arbor, Michigan, USA
  • Region(s) Served: CA, CT, IL, IN, MD, MI, NJ, NY, OH, PA, TX, VA
  • Toll-Free Phone Number: 1-800-916-UIFC
  • Member FDIC: Yes
  • Types of Property: New & Existing Single Family Home, Condominium, Manufactured Home, Multi-Unit Dwelling

Guidance Residential

  • Headquarters: Reston, Virginia, USA
  • Region(s) Served: CA, CT, FL, GA, IL, MA, MD, MI, MN, MO, NC, NJ, NY, OH, OR, PA, SC, TN, TX, VA, WA, WI
  • Toll-Free Phone Number: 1-866-GUIDANCE
  • Types of Property: Single Family, Townhouse, Condominium, Multi-Unit Dwelling, Investment Property

UM Financial

  • Headquarters: Toronto, Ontario, CANADA
  • Toll-Free Phone Number: 1-866-88-ISLAM
  • Types of Property: Commercial and residential

Assiniboine Credit Union - Islamic Mortgage Program

  • Headquarters: Winnipeg, Manitoba, CANADA
  • Region(s) Served: Manitoba, ACU members only
  • Toll-Free Phone Number: 1-877-958-8588
  • Types of Property: Existing property to be used as a primary residence

IBB Islamic Bank of Britain

  • Headquarters: UK
  • Region(s) Served: England, Wales, Scotland

United National Bank

  • Headquarters: UK
  • Region(s) Served: England, Wales, Scotland
  • Types of Property:  Home and business

HSBC Amanah

Region(s) Served: UK, UAE, Saudi Arabia, Malaysia
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