Halal Retirement Accounts in Ohio

Ohio has an estimated 120,000 Muslims — approximately 1.0% of the state's population (World Population Review, 2020 estimates). The community is distributed across three major metros: Columbus (home to one of the largest Somali communities in the U.S.), Cleveland, and Cincinnati. Columbus in particular has experienced rapid growth in its Muslim population, driven by immigration and refugee resettlement. With a statewide median home price of approximately $241,000 (World Population Review/FHFA, 2025), Ohio offers some of the most affordable halal homeownership in the country. Guidance Residential serves Ohio with their Musharakah model, and IjaraCDC covers the state through their nationwide Ijara network. For the Somali community in Columbus, many of whom are first-generation homebuyers, IjaraCDC's flexibility with non-traditional income and credit histories is particularly valuable. Ohio's diverse small business ecosystem — spanning healthcare, manufacturing, and retail — creates demand for halal commercial financing, particularly among immigrant entrepreneurs. For investing and banking, Ohio Muslims have access to all major halal platforms. Devon Bank in neighboring Illinois also serves Ohio residents for halal banking needs.