Earn rewards merely for participating in Al-Ehsaan Housing's investment plan since your investment will help in avoiding Riba (usuary).

If you keep your funds in traditional banks (saving or checking accounts), then it benefits the banks. But by investing with Al-Ehsaan Housing, you will get Halal profit and also reward from Allah (SWT) for helping and assisting Muslim Community Members to become homeowners by avoiding Riba (usury).

This is not a solicitation to buy, sell, and/or solicit business and financing from the general public. We only accept investments our qualified members only. So to invest with Al-Ehsaan Housing, you would need to fill the membership application.

We don't accept investment from any institutions that deal with interest (Riba) directly, indirectly or through third party. This includes but is not limited to, banks, private/public investment/financing institutions. We also humbly advise and request all our members to not to engage in any activity that promote interest (Riba).

You would require to apply for membership to invest with Al-Ehsaan Hosuing. Based on your investment, net profit is paid as dividends to qualifying members for each quarter based on their investment. These dividends vary from quarter to quarter.

Al-Ehsaan Housing is based on Islamic principal Ehsaan . Al-Ehsaan Housing is an interest free housing scheme and provides Halal investment opportunity to Muslim community. Insha Allah you will earn rewards merely for participating in this plan since you will help enjoin the good and help in avoiding Riba. Your investment not only earn Halal dividends for the investors but also help members to purchase homes in Halal way.

Al-Ehsaan Housing only invests is in owner occupied homes.

Al-Ehsaan Housing derives its income from two sources: one the Monthly rent collected on the properties whose titles are held by Al-Ehsaan Housing, and second is the percentage of appreciation (or depreciation) on the properties at the time of title transfer to the member who rents to own. After covering the operating cost, the income is distributed as dividends to members every quarter.

Dividends are based on the minimum balance maintained on member accounts through the dividend period. Al-Ehsaan Housing has a policy of announcing dividend within 2 months after the end of each Quarter.

Isamic Shariah permits Trade but prohibits Usury. Bank's income is derived from the use of money by the borrower, which is prohibited. Al-Ehsaan Housing invests in the property and derives its income from the compensation given by the user for the use of that property. This is perfectly halal.

The member and Al-Ehsaan Housing are partners in acquiring a property as this is one of the primary conditions that make any financial contract acceptable from the Shariah perspective.

When the member wants to take full ownership, he/she has to buy out all of the Al-Ehsaan Housing Investment. Before buying-out Al-Ehsaan Housing's Investment, an appraisal of the home is done to determine its current value. Al-Ehsaan Housing takes/pays 10% of any gain/ loss compared to purchase price while the member takes/pays 90% of any gain/ loss compared to purchase price.

The member pays a monthly rent for using the home. The Rent is based on the market-rent of similar homes in that neighbourhood. The rent is shared between the member and Al-Ehsaan Housing.

“Allah has permitted trading and forbidden usury” Al Baqarah 2:275

Not sure what sets us apart from all the rest? Below are just a few of the advantages of our 100% debt-free, riba-free program:

Al-Ehsaan Housing is very safe financial institution to invest with, as Al-Ehsaan Housing holds the Title of the home until it is completely bought out by the member-owner in order to provide security to investors.

Al-Ehsaan Housing also reduces Investor Risks as we only purchase properties when sufficient funds become available. Risk to investors is reduced because real estate is considered relatively safe due to non volatility. All our properties on 100% debt-free and Lien free.

Al-Ehsaan Housing Board tries to ensure that members are generally able to withdraw funds up to $10,000 within 48 hours by keeping some funds in reserve. Larger sums may require more time.

We only accept investments from our qualified members only. You can become a member of Al-Ehsaan Housing Corp by paying $150.00 one time Membership fee plus a minimum investment of $500.00.