How we started?

Welcome to Al-Mumin Islamic Financing, based in Chicago, Illinois. Our organization was founded in 2024 by a dedicated group of individuals committed to providing Sharia-compliant home financing solutions. Guided by strict consultation with esteemed Islamic scholars, our practices are firmly rooted in the teachings of the Quran and Hadith. We are proud to offer a transparent, ethical alternative to traditional financing that excludes any involvement with third-party financial institutions associated with Riba (interest).

Our Mission

Our mission is to revolutionize home financing by creating interest-free solutions that align with Islamic principles. We aim to empower Muslim families and investors by providing equitable and transparent financing options that foster community development and financial well-being.Our model utilizes investors’ capital to generate income and facilitate the purchase of homes without interest. This innovative approach combines co-ownership, annual equity assessments, and shared rental payments to ensure fair and equitable home financing.

Our Commitment

At Al-Mumin Islamic Financing, we are dedicated to maintaining the highest standards of ethical conduct and financial integrity. Our commitment to Sharia compliance and full transparency ensures that our clients and investors can trust in the fairness and sustainability of our financing solutions.

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We invite you to learn more about our innovative financing solutions and join us in our mission to provide true Islamic home financing.