Verified
My parents used them too
UIF was our first choice because my parents used them years ago. The team is experienced and the cost-plus structure is easy to understand. You know exactly what you're paying and why.
Jamal H.MI
14 found helpful
University Islamic Financial Commercial Real Estate Financing
Halal Business Financing in Ohio
Best for: Business real estate
Funding for properties used for business purposes, such as office buildings, retail spaces, and industrial warehouses.
University Islamic Financial offers Commercial Real Estate Financing, a halal business financing product using a musharakah structure. Financing amounts range from $100,000 to $3,000,000. Best suited for: Business real estate.
Pros
- Broad coverage across 32 states
- Uses Declining Musharakah — a recognized Shariah-compliant structure
- High HalalWallet rating of 4.5/5
Musharakah22 statesEst. 2005
Updated February 2026
Apply Now
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Product Details
Type
Commercial Real Estate
Structure
musharakah
Min Amount
$100,000
Max Amount
$3,000,000
University Islamic Financial in Ohio
University Islamic Financial's Commercial Real Estate Financing is available for businesses in Ohio, using a musharakah structure. Financing amounts range from $100,000 to $3,000,000. Ohio is among the top states for small business activity, creating strong demand for Shariah-compliant business financing alternatives. Ohio is home to an estimated ~120K Muslims (1% of the population) (World Population Review, 2020 estimates). University Islamic Financial serves 22 states, including Ohio.
Shariah Compliance & Oversight
Shariah Board
Operates as a dedicated Islamic finance provider whose activities are overseen by a formal, independent Sharia Supervisory Board and aligned with recognized Islamic finance standards.
Details
Sharia Supervisory Board chaired by Sheikh Nizam Yaquby. Board reviews/approves UIF programs; fatwas + audits published.
Last Verified
2026-02
Apply Now — University Islamic Financial
Visit University Islamic Financial's website to get current terms, check eligibility for Ohio, and get started today.
See pricing & termsOpens University Islamic Financial's site — you're not committing to anything
Compare With Other Options in Ohio
5 other business financing products available to Ohio residents
Ijara / Musharakah · Nationwide
Nationwide
User Reviews for University Islamic Financial
5 verified reviews
4.45 reviews
5★
2
4★
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3★
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2★
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1★
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Verified
Communication could be better
Decent experience. Communication could have been better during the underwriting phase — there were some delays where I didn't hear back for a couple weeks. But the end product is good.
Noor A.NJ
11 found helpfulVerified
Patient with a first-time buyer
First-time homebuyer here. UIF was patient with all my questions and the documentation was thorough. Took about 60 days to close which I'm told is normal.
Safiya L.VA
7 found helpfulFrequently Asked Questions
What is University Islamic Financial Commercial Real Estate Financing?
Funding for properties used for business purposes, such as office buildings, retail spaces, and industrial warehouses.
What Shariah oversight does University Islamic Financial Commercial Real Estate Financing have?
Sharia Supervisory Board chaired by Sheikh Nizam Yaquby.
Board reviews/approves UIF programs; fatwas + audits published.
Is University Islamic Financial Commercial Real Estate Financing available in Ohio?
Yes. University Islamic Financial Commercial Real Estate Financing is available in Ohio and 21 other states. Verify current availability directly with the provider.
What Shariah oversight does University Islamic Financial have?
University Islamic Financial's Shariah compliance is overseen by: Operates as a dedicated Islamic finance provider whose activities are overseen by a formal, independent Sharia Supervisory Board and aligned with recognized Islamic finance standards.. Sharia Supervisory Board chaired by Sheikh Nizam Yaquby.
Board reviews/approves UIF programs; fatwas + audits published..
What financing structure does University Islamic Financial Commercial Real Estate Financing use?
University Islamic Financial Commercial Real Estate Financing uses a Musharakah structure. This is a Shariah-compliant financing arrangement that avoids interest (riba).
How do I apply for University Islamic Financial Commercial Real Estate Financing in Ohio?
You can apply for University Islamic Financial Commercial Real Estate Financing directly through the provider's website. Visit their official site to start your application, check current requirements, and get personalized information for Ohio residents.
Are halal financial products available in Ohio?
Yes. Ohio residents have access to nationwide halal providers for home financing, investing, banking, and estate planning. Ohio's growing Muslim communities in Columbus, Cleveland, and Cincinnati drive demand for Shariah-compliant financial products.
Does Ohio tax halal investment returns?
Ohio does not tax capital gains as a separate category — instead, Ohio uses a graduated income tax with rates from 0% to 3.125% (2026). Ohio also has no estate or inheritance tax, simplifying Islamic estate planning.
Halal Finance Score
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Average score: 63/100
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Reviewed by: HalalWallet Editorial Team•Last reviewed: 2026-04-01•Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.
Reviewed quarterly and updated for major content changes.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.