Halal Financing for Non Profits - ijaraCDC

Halal Financing for Non Profits

Sharia Compliant Financing for Mosques / Masjids

MAS-KATY

Masjid / School / Community Center

Established Organization
Up to 20 years with 30% down payment, 10 year Balloon Payment
Up to 12 months no payments during construction
No Personal Guarantees possible
$300K – $7 Million

New Organization
Up to 20 years with 30 – 40% down payment
Will Require Personal Guarantees
$300,000 – $1 Million

AlFurqaanAcademy

Best Strategy for Non-Profit preparing to Finance a project

Maintain Good Records
Organization Documents  – 501(c)3
Have a Board
Keep up to date Membership Database
Set up Monthly ACH debits for donations
Have a comprehensive fund raising plan with scheduled events