Interest/Riba-Free Commercial Home Loan Alternative

Sharia-Compliant Financing for Commercial Real Estate

At Ijara Community Development Corp. in Ann Arbor, MI, we offer a wide variety of commercial loan programs for owner-occupied properties, investment real estate, and business acquisition and expansion. Check out our loan products and categories.

Residential or
Multi-Family Properties

  • Must be in Metropolitan area with more than 100,000 population
  • More than 100 units for as little as 10% down
  • One to four units (Under the Residential category)
  • Five to eight units (Under the Investment category)
    • 20-30% down payment
    • Minimum of $300,000 to $1 million
  • More than 8 units (Under the Investment category)
    • 20-30% down payment
    • Minimum of $1.5 million to $30 million
A row of modern townhouses with gabled roofs, financed by commercial loans, on a sunny day.

Retail, Office, or Industrial Real Estate

  • Owner-occupied properties
    • Up to 26 years with 5% down payment; maximum of 10 years without a real estate
    • Up to 12 months of no payments during construction is possible
    • Must occupy at least 51% of space and 60% or more with construction
    • $250,000 to $5 million
    • Some users like gas stations will have a minimum down payment of 15%
  • Not owner-occupied investments
    • Up to 20 years with 25-35% down payment
    • Up to 12 months of no payments during construction is possible
    • $300,000 to $30 million
Glass skyscraper, financed by commercial loans, against a backdrop of blue sky and clouds.

Apply for a Loan Today

If you are interested in our commercial loan programs, get the right application forms here:

For more information, download our commercial brochure to learn more about us.

Explore what IjaraCDC has in store for you

Residential Programs
How it works
Commercial Programs