Indiana is home to about 41,400 Muslims. About 0.6% of the state's population. The community is centered in Indianapolis, with additional communities in Fort Wayne and Bloomington (home to Indiana University). The Islamic Society of North America (ISNA) is headquartered in Plainfield, Indiana. That makes the state a nationally significant center for Islamic institutional leadership.
The state's median home price is about $255,000, Indiana offers some of the most affordable halal homeownership in the country. IjaraCDC's nationwide Ijara network and Guidance Residential's Musharakah model serve the state. A 20% down payment on a typical Indiana home is about $51,000.
ISNA's Indiana headquarters means the state hosts the largest annual Islamic convention in North America, bringing scholars, financial experts. And community leaders together. This creates a uniquely informed local market for Islamic finance. All major national halal apps serve Indiana residents, and the state's flat 3.05% income tax is among the lowest in the Midwest.