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
![fm=f_1258 A row of modern townhouses with gabled roofs, financed by commercial loans, on a sunny day.](https://ijaracdc.com/wp-content/uploads/bb-plugin/cache/fmf_1258-scaled-circle-43f588ca4bbdab8ff5377ba35d39b824-5e0fc51762c3c.jpg)
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
![fm=f_12616 Glass skyscraper, financed by commercial loans, against a backdrop of blue sky and clouds.](https://ijaracdc.com/wp-content/uploads/bb-plugin/cache/fmf_12616-scaled-circle-8b44efb44c329df051d252958fd83f74-5e0fc51762c3f.jpg)