The Program
Islamic-based home financing, explained without the sales gloss.
Here is how these programs generally work and what to look at in the documents. Read this, then review the actual contract with Nader and with a scholar you trust.
Not documented as an interest-bearing note
Islamic home financing programs are generally documented as a purchase-and-sale rather than a loan with an interest-bearing promissory note. That is the core structural difference families are asking about. Nader will show you how this specific program is papered.
Profit, explained against interest
In a cost-plus (Murabaha-style) structure, the institution acquires the property and sells it to you at a price that includes an agreed profit, payable over an agreed term. The amount is set at the outset as part of the sale price rather than accruing as interest on an outstanding balance.
One advisor for Islamic and conventional
Because All Western Mortgage offers a full conventional menu alongside this program, you are never forced to leave the relationship if a different product fits your family better later.
Purchase and refinance conversations
Nader can walk through both purchase and refinance scenarios and tell you plainly which options are available to you. Every scenario is subject to application, underwriting, and program guidelines.
A family-first process
Bring your spouse, your parents, and your scholar. Slow questions are welcome. Nobody here benefits from you signing something you do not understand.
A clear apply path
One secure online application with Nader, then a real conversation about the documents. No lead forms sold to five lenders, no call-center handoff.
The scholarly standard
Certified against a published standard, not a sales promise.
The Assembly of Muslim Jurists of America (AMJA) Resident Fatwa Committee issued a resolution on Islamic home financing in the United States, setting out the conditions a Murabaha (cost-plus) structure must satisfy. This program is certified against that published standard, and you can read it yourself before you read a single contract.
- The financing institution must genuinely acquire ownership of the property before selling it to you.
- The cost and the profit margin must be clearly disclosed and agreed upon.
- The total sale price must be fixed and known at the time of the contract.
- The contract must contain no invalid conditions, excessive unfairness, or terms that turn it back into an interest-bearing loan.
The AMJA resolution is the published standard this program is certified against; it is a general ruling on Islamic home financing in the United States, not a program-specific endorsement, and this page is not religious advice. Ask Nader for the actual contract documents and review them against these conditions with a scholar you trust before you sign.
Start with a conversation, not a commitment.
Apply online in a few minutes, or call Nader directly and talk it through first. Both go to the same place: a real person who handles this program every day.