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In-House Funds

A number of our In-House Funds are available for the benefits of members. Dividends from these funds are not distributed to members, but rather reinvested in the funds so that they may grow further.


Hajj Fund
This Fund is designed for facilitating its joining members to perform the Hajj pilgrimage to the holy city of Mecca.


Zakat Fund
This Fund is a type of benevolent fund created to assist those in need. A proportionate amount of the fund is allocated to assist needy entities.


Education Fund
This Fund was created for the benefit of those willing to pursue higher education. It also awards mini-grants to teachers for projects encouraging at-risk students to stay in school and succeed. Supports initiatives to improve our schools and bring excellence to community education.


Mosque Building Fund
This Fund offers the opportunity to fulfill religious obligations in support of erecting Mosques and community service centers via term contributions and charitable donations to the fund.

 
In-House Funds
  • Hajj Fund
  • Zakat Fund
  • Education Fund
  • Mosque Building Fund
Financial Themes
  • Ijarah (Lease Finance)
  • Ijarah Thumma Bai' (Hire Purchase)
  • Ijarah-Wa-Iqtina (Lease-to-Own)
  • Istisna'a (Factoring)
  • Murabahah (Markup Financing)
  • Musharakah (Joint Venture)
  • Sukuk (Islamic Bonds)
  • Wadiah (Safekeeping)
  • Wakalah (Fiduciary/Trusteeship)
  • Kafalah (Guarantee)

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