Compare 21 Shariah-compliant products from 3 providers available in New Brunswick. Every listing includes Shariah oversight details, Halal Money Index grades, and direct provider links.
Scored by our recommendation engine for New Brunswick availability — with the evidence for each pick.
For New Brunswick residents, HalalWallet ranks IjaraCDC the top halal home financing option, scored on Shariah oversight, the Islamic contract structure (Musharakah, Ijara or Murabaha), provider track record, and availability in your state.
match
match
match
Rankings are generated by our recommendation engine from Shariah oversight, contract structure, provider track record and New Brunswick availability. We don't sell rankings — how we make money.
Showing all 21 products available to New Brunswick residents — including nationwide providers and those with specific New Brunswick coverage.
Important: HalalWallet is not a lender, mortgage broker, loan originator, or settlement agent.
On home-financing pages, paid “Featured” status does not determine ranking, matches, or order. Listings follow our published methodology, and you are free to apply with any provider directly.
We do not collect your contact information or hand off personal data to lenders. Outbound links carry only generic UTM tracking. You are never required to use any provider listed here.
Outbound links may earn referral fees. Some agreements also include fees when financing funds. You should receive the same product terms as visiting providers directly; confirm with the provider. How we make money · Methodology
Home Financing
Financing used to buy a home or replace an existing home loan.
Structure
Ijara
Opens provider site — no obligation
Full details →
Home Financing
Financing used to buy a home or replace an existing home loan.
Structure
Murabaha
Opens provider site — no obligation
Full details →
Home Financing
Financing used to buy a home or replace an existing home loan.
Structure
Musharaka
Opens provider site — no obligation
Full details →Refinancing Program
Sharia-compliant refinancing with cash-out up to 80% of appraised value.
Structure
Ijara
Terms
1–5 year terms
Features
Cash-out to 80% of appraised value, 1–5 year terms (Canadian reset model) (+2 more)
Opens provider site — no obligation
Full details →Riba-to-Ijara Conversion Program
Converts an existing Canadian mortgage into a Sharia-compliant Ijara structure — no refinance and no documents required; completes in 10–14 business days.
Structure
Ijara
Terms
Keeps your existing term
Features
No refinance, no docs, 10–14 business days (+1 more)
Opens provider site — no obligation
Full details →Bridge Financing
Bridges the down payment when your current property sells after the new purchase closes.
Structure
Ijara
Terms
Short-term
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →First-Time Home Buyer Incentive (FTHBI)
First-Time Home Buyer Incentive pairing: a 5–10% shared-equity incentive with the Canadian Government, structured Sharia-compliant through Ijara.
Structure
Ijara
Terms
1–5 year terms
Features
5–10% government shared-equity incentive, 1–5 year terms (Canadian reset model) (+2 more)
Opens provider site — no obligation
Full details →Small Rental Program
Financing for fully-rented investment properties with a minimum 20% down payment. Investment purchases carry 25–30% down and 6–12 months reserves under general Canadian terms.
Structure
Ijara
Terms
1–5 year terms
Features
Fully-rented property required, Source: ijaracdc.com/residential-programs-canada/
Opens provider site — no obligation
Full details →Second Homes Program
Sharia-compliant financing for second homes with a minimum 5% down payment.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Business for Self — B Lender
Self-employed qualifying on 6 months of bank statements with 15–20% down.
Structure
Ijara
Terms
1–5 year terms
Features
6 months bank statements, Source: ijaracdc.com/residential-programs-canada/
Opens provider site — no obligation
Full details →Purchase Plus Improvements
Combine the home purchase and improvement costs into a single Sharia-compliant mortgage.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Projected Income — Dentists & Veterinarians
Qualify on projected income for dentists and veterinarians in residency/fellowship or newly practicing (program completed within the last 12 months).
Structure
Ijara
Terms
1–5 year terms
Features
Qualify on projected income, 1–5 year terms (Canadian reset model) (+2 more)
Opens provider site — no obligation
Full details →Spousal Buyout Program
Financing to pay an ex-spouse the equity they are owed, structured Sharia-compliant.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Business for Self — Fully Qualifying
Self-employed with traditional income verification: line 150 NOA income grossed up 15% for sole proprietors and half-partners (no gross-up if incorporated). Minimum 10% down for self-employed buyers.
Structure
Ijara
Terms
1–5 year terms
Features
Line 150 NOA income grossed up 15%, Source: ijaracdc.com/residential-programs-canada/
Opens provider site — no obligation
Full details →Total Net Worth Lending
For borrowers with moderate income but strong liquid assets and strong credit.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Gifted Down Payment Program
Down payment gifted by an immediate relative (parent, sibling, grandparent, guardian, dependent, or spouse).
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Mortgage Switch / Transfer
Move an existing mortgage between lenders for a better profit rate, structured Sharia-compliant.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Alternative 'B' Lending
Credit-repair path with higher rates: minimum 20% down and a 1%-of-purchase-price lender fee. Borrowers move to an A-lender when credit improves.
Structure
Ijara
Terms
1–5 year terms
Features
1% of purchase price lender fee, Moves to A-lender when improved (+1 more)
Opens provider site — no obligation
Full details →Flexible Down Payment Program
For buyers with excellent credit who lack a down payment; the borrower must be able to debt-service the financing along with the down payment. Canadian general terms: minimum 5% down (10% self-employed), 1–5 year terms, up to 25 years amortization.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Family Plan Program
Buy a home for family members who don't meet income requirements. Minimum 5% down.
Structure
Ijara
Terms
1–5 year terms
Features
1–5 year terms (Canadian reset model), Owner-occupied up to 25 years amortization (+1 more)
Opens provider site — no obligation
Full details →Projected Income — Physicians
Qualify on projected/future income for physicians whose residency or fellowship completed within the last 24 months.
Structure
Ijara
Terms
1–5 year terms
Features
Qualify on projected income, 1–5 year terms (Canadian reset model) (+2 more)
Opens provider site — no obligation
Full details →Picking a halal mortgage is a big step. Use these four checks to compare providers.
Look for a formal Shariah board. That means a panel of scholars reviews every product. Strong providers publish fatwas and earn third-party badges like AAOIFI. Some run yearly Shariah audits, too.
Ask which contract the provider uses. Common types are co-ownership, cost-plus, and lease-to-own. Each one changes how you build equity. It also changes how much you pay each month.
Compare term lengths of 15, 20, and 30 years. Then check the down payment. Ask about pre-pay rules. Some halal lenders match the terms of regular mortgages.
Make sure the lender serves your province. Then check their record. Top picks have many years of work, strong Google reviews, and CDIC-insured bank links.
Islamic home financing in Halifax and across Nova Scotia: how IjaraCDC and Manzil serve buyers, the structures used, and steps to apply in 2026.
Read ArticleIslamic home financing in Saskatoon and Regina: how IjaraCDC and Manzil serve Saskatchewan buyers, steps to apply, and what to compare.
Read ArticleHow Canadian Muslims can finance commercial real estate without interest: Murabaha, Musharakah, and Ijara structures, and what to compare.
Read ArticleHow providers available in New Brunswick handle Shariah compliance verification
Formal Shariah Board
Independent panel of scholars that reviews and approves products
Third-Party Certified
Compliance verified by an external Shariah certification body
Common questions about halal home financing in New Brunswick
A step-by-step guide to evaluating halal home financing providers
Verify Shariah compliance
Check that the lender has a formal Shariah board. Or look for named scholar review or a third-party badge. Strong Shariah oversight is the best sign of a real halal product.
Compare financing structures
Ask how the deal is set up. Common types are co-ownership, cost-plus, and lease-to-own. Each one has its own risks, costs, and ownership rules.
Check province availability
Some lenders work across every province. Others serve just a few. Make sure the product is offered in your province. And confirm the lender holds the right provincial license.
Evaluate total cost
Do not stop at the headline rate. Add up fees, closing costs, profit margins, and any monthly charges. Ask each lender for a full cost sheet or Good Faith Estimate.
Read customer reviews
Check Google reviews and BBB ratings. Also ask in your local community. Look closely at notes on speed, support, and what happens after closing.
Consult a qualified advisor
Big money calls for two pros. Talk to a halal finance advisor. Also talk to a licensed money pro who knows your full picture.
Halal Finance Score
Is your mortgage halal? Check your full Halal Finance Score.
Average score: 63/100
Stay Updated
Get halal mortgage rate updates and new provider alerts
No spam ever. Unsubscribe in one click.
A province-specific view of halal home financing availability based on our latest provider dataset.
Total products in New Brunswick
21
Nationwide options
18
Province-specific options
3
Top providers currently available in New Brunswick
Eqraz, IjaraCDC, Tjara Halal Financing
Explore other halal financial products for New Brunswick residents
Explore home financing in neighboring provinces
Structure comparisons, guides, and New Brunswick cross-links.
Educational guides
Calculators & tools
Nearby states
View our full comparison with filters for province, structure, and more — all in one place.
Reviewed monthly and updated when state availability, provider coverage, or product details change.
Co-Founder & CEO, HalalWallet
We focus on three things: accuracy, clarity, and clear Shariah notes. Each product detail comes from the provider or our own product database. We do not make up numbers, reviews, or returns.
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-07-01
How to use this comparison: HalalWallet is an independent educational comparison platform — by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps: