RealtorPartnership

whyislamicfinance

• NJ is the fastest growing state for Muslims

• Muslims are significant home buyers

• Muslims are asking for it

• Competitive pricing and personalized service

aboutcompany

• 100 year old, Michigan based

• Operational in 14 states• Islamic Banking for 10

years• $400+ million in

residential contracts• $30 million in Deposit

accounts• $15 million in

Commercial Contracts

They say, “Trade is a kind of riba (interest)”. But We have made trade lawful and riba unlawful.

Quran 2:275

Once Bilal brought Barni (i.e. a kind of dates) to the Prophet and the Prophet asked him, "From where have you brought these?" Bilal replied, "I had some inferior type of dates and exchanged two units of it for one unit of Barni dates in order to give it to the Prophet to eat." Thereupon the Prophet said, "Beware! Beware! This is definitely riba (Interest)! This is definitely riba (Interest)! Don't do so, but if you want to buy (a superior kind of dates) sell the inferior dates for money and then buy the superior kind of dates with that money."

Narrated Abu Said al-Khudri

Types of

islamicreal estate

transactions

Murabaha:

Installment Sale

Ijara:

Lease to own

Musharaka:

Co-Ownership

The Murabaha Transaction1) Ahmed finds a house that

he likes and negotiates the price with the seller

2) UIF buys the house from the seller

3) UIF resells the house to Ahmed

For Example

$100,000

$100,000

$119,400($994 monthly payment with a 10 year term)

ourmurabaha

features

• Down payment as low as 5%

• 15, 20, & 30 yr terms

• Purchase or refinance

• 1 to 4 unit primary or

investment property

• Cash-out refinance

let’s be partners

• Up to $500 credit towards closing costs for your customer!

• Most purchase closings within 30 days!

• Pre-Approvals in 24-48 hours!

• Joint Marketing Programs • Regular updates to

Realtors on file status• Invitation to attend

company sponsored seminars

93%Customer Satisfaction

sample of a joint flyer

“we’ll takeyour calls”

Wesam BerjaouiRegional Manager

(732) 790-0885wesam@myuif.com

www.myuif.com