USA ISLAMIC LENDING ISLAMIC BANK UNITED STATES ISLAMIC MORTGAGE US HOME LOAN HALAL MURABAHA MUDARABA
In the U.S.A, an islamic loan consists of US halal credit facility delievered through an islamic american lender in order to cover the financial needs of the Muslims in america.
In U.S.A, an islamic loan currently accounts for a marginal share of the American financial sector as recent estimates expect that Islamic financial assets in U.S.A could reach more soon.
In the U.S.A, an islamic loan will fall under the legal framework for US Islamic finance including also products such as the issuance of Islamic bonds (Sukuk) and in order to help financing U.S.A s SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.
In the USA , islamic lenders are very few has a very small number of fully operational Islamic banks which serve retail and Islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.
WHAT TYPES OF US ISLAMIC LOAN ARE EXISTING ?
In the USA, several types of american islamic loans are offered, as islamic banks in the United-States provide several financial products whic are are sharia compliant.
In the United-States, islamic lenders are offereing for both Muslim consumers and Muslim entreprenur following halal loans:
- US islamic personal loan.
- American islamic mortgage.
- US islamic credit cards..
- American islamic car loan.
In the US, an islamic loan is now offered in the following states: Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Michigan, Minnesota, Missouri, North Carolina, Ohio, Oregon, Texas, Utah, Virginia, and Wisconsin.
In the USA, islamic lending is monitored through the specific state Department of Financial Institutions requirements and are regulated by federal regulators such as the Federal Reserve System and
CAN I OBTAIN AN ISLAMIC HOME FINANCING IN THE USA ?
The response is yes ! There are number of US islamic lenders who provide with sharia compliant house financing and mortgages following the rules of islamic finance an thus the islamic religion.
UNITED STATES'S ISLAMIC MORTGAGE LENDERS