IjaraCDC Review

Pairs the federal First-Time Home Buyer Incentive - a 5-10% government shared-equity contribution secured by a shared-equity mortgage with the Canadian Government - with Sharia-compliant Ijara structuring, so the shared equity lowers the monthly obligation without adding riba. Verify the incentive's current availability directly, as federal housing programs change. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. General Canadian terms: minimum 5% down on the first $500,000 of price and 10% on the portion above (10% for self-employed), 1-5 year renewable terms, amortization up to 25 years, and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Projected-income underwriting for dentists and veterinarians: those in residency, fellowship, or newly practicing who completed their program within the last 12 months qualify on projected earnings rather than a tax-return history, so a new DDS or DVM doesn't wait years to buy. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. General Canadian terms: minimum 5% down on the first $500,000 of price and 10% on the portion above (10% for self-employed), 1-5 year renewable terms, amortization up to 25 years, and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

IjaraCDC's general commercial real estate program finances large stabilized assets - office buildings, retail centers, and industrial properties - from $500K to $20M using a trust-based Ijara structure, with 35%+ equity required and long-term leases in place. A single-asset trust purchases the property and leases it to your organization, splitting each payment between rent and an equity buyout until title transfers, funded through 200+ commercial sources across Canada. It is the highest-equity tier in the lineup; properties with national credit tenants should check the Investor Gold program's materially better 20-25% leverage first.

The best-priced self-employed route: traditional income verification using line 150 Notice of Assessment income, grossed up 15% for sole proprietors and half-partners (no gross-up if incorporated), with a 10% minimum down payment for the self-employed. If your NOA badly understates real earnings, compare the bank-statement B-lender route despite its higher cost. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Sharia-compliant commercial real estate financing for well-qualified investors whose properties are leased long-term to national tenants with a credit rating or equivalent (Sharia Investor Gold program). $2M–$20M with only 20–25% down and up to 20 years of amortized financing. Non-recourse available.

Underwriting for buyers whose balance sheet outshines their pay stub: moderate income offset by strong verifiable liquid assets and strong credit - a profile common among retirees, business sellers, and dual citizens with offshore income that income-based underwriting handles poorly. Only the income test relaxes; asset and credit bars remain real. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Folds the home purchase and the renovation budget into a single Sharia-compliant financing - avoiding the common trap of buying halal and then renovating on an interest-bearing credit line. Improvement funds are typically released after the work is verified, so line up contractor quotes before closing. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. General Canadian terms: minimum 5% down on the first $500,000 of price and 10% on the portion above (10% for self-employed), 1-5 year renewable terms, amortization up to 25 years, and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Sharia-compliant financing for masjids, Islamic schools, and Muslim nonprofit organizations. Established organizations: $300K–$7M, 30% down, up to 20 years with a 10-year balloon, up to 12 months of no payments during construction, no personal guarantees possible. New organizations: $300K–$1M, 30–40% down, personal guarantees required.

Financing for businesses purchasing or refinancing their operating property. Offices, medical/dental practices, restaurants, warehouses, gas stations, hotels. Also covers acquisitions, equipment, inventory, working capital, and renovations. $250K–$5M, ~5–10% down, up to 25 years. Professional practices sub-program: ~5% down, construction/build-outs possible with payment deferral.

A credit-repair path priced above A-lending: minimum 20% down and a lender fee of 1% of the purchase price, with borrowers moved to A-lender terms once their credit improves. Suits buyers rebuilding credit or needing higher ratios than prime programs allow, without resorting to Canada's conventional B-lender market, which offers no riba-free options. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Sharia-compliant refinancing with cash-out up to 80% of the home's appraised value - equity extraction without an interest-bearing line of credit, structured instead as a restated Ijara arrangement. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Allows the down payment to come as a gift from an immediate relative - parent, sibling, grandparent, legal guardian, legal dependent, or spouse - with the standard 5% minimum coverable entirely by the gift and three months of documented provenance required. Formalizes what many Muslim families already do, inside the Ijara structure. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

IjaraCDC's core Canadian offering: halal home purchase or loan replacement through a trust-based Ijara wa Iqtina (lease-to-own), available across Canadian provinces. A single-asset trust buys the home and leases it to you, each payment splitting between rent on the trust's share and an equity buyout, with title transferring once the buyout completes. Canadian terms: minimum 5% down on the first $500,000 of price and 10% on the portion above (10% for self-employed), typical 680+ credit score with a roughly 44% debt-service ceiling, 1-5 year renewable terms, amortization up to 25 years, and a 10-20% annual prepayment allowance. A Riba-to-Ijara conversion path exists for mortgages you already hold.

Buy a home for relatives who don't meet income requirements - parents housing adult children in university, or children buying for elderly parents - from a minimum 5% down. You carry the qualification and the full payment obligation, keeping intra-family support inside a riba-free structure. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

For buyers with excellent credit who lack a down payment: the down payment itself can be structured, provided your income can debt-service the financing plus the down payment - a demanding test in exchange for entering the market without waiting years to save. Canadian general terms otherwise apply: minimum 5% down (10% self-employed), 1-5 year terms, amortization up to 25 years. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes.

Short-term halal financing that bridges the down payment when your current home's sale closes after the new purchase does - covering the gap so you neither lose the new property nor resort to an interest-bearing bridge loan. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Sharia-compliant financing for second homes from a minimum 5% down - far below the 20%+ most lenders want for vacation property - under the same halal trust structure as the primary-residence program. Carrying two properties on reset-term financing doubles renewal-rate exposure, so stress-test the combined payments. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Moves an existing mortgage between lenders for a better profit rate using the switch mechanics Canadian borrowers already know at renewal - but lands the result in a Sharia-compliant structure rather than another interest-bearing loan. Do the math on discharge, appraisal, and legal costs against the rate saving, exactly as with a conventional switch. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Auto Conversion Program (Canada): converts an existing interest-bearing car loan into a riba-free Ijara (rent-on-property) structure - the car is placed in a trust and the loan restructured with the same payment and term, no new loan and no credit check. One-time $349 fee plus $10/month admin fee, re-verified on ijaracdc.com's Canadian programs page in August 2026. Not purchase financing: IjaraCDC's own site still lists 'Islamic Auto Finance' as coming soon, so if you're shopping for a car today you'll need to arrange the purchase first and convert after.

Premium Sharia-compliant commercial building financing (Sharia Business Premier 7A program). $250K–$5M with as little as 5–10% down and up to 25 years of amortized financing for businesses buying or refinancing their buildings. Property types: warehouses, offices, restaurants, branded gas stations, flagged hotels. Also covers debt refinancing, business acquisitions, inventory, equipment, working capital, and tenant improvements and renovations.

The lighter-documentation route for self-employed buyers: qualify on just 6 months of bank statements at 15-20% down, priced above the fully-qualifying program as the cost of the reduced paperwork. Right for newer businesses or owners whose Notices of Assessment badly lag real cash flow. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Financing for fully-rented investment properties from a minimum 20% down - a halal entry point into Canadian rental investing, with investment purchases generally carrying 25-30% down and 6-12 months of reserves under the general Canadian terms. Vacant or partially rented buildings don't qualify: this is for stabilized income properties. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Projected-income underwriting for physicians: doctors completing or within 24 months of completing residency or fellowship qualify on future earnings rather than a thin income history - twice the eligibility window of the dentist and veterinarian program, so a new physician carrying training debt doesn't have to choose between waiting years for tax returns and an interest-based physician loan. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. General Canadian terms: minimum 5% down on the first $500,000 of price and 10% on the portion above (10% for self-employed), 1-5 year renewable terms, amortization up to 25 years, and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

Converts an existing Canadian mortgage into a Sharia-compliant Ijara structure with no refinance and no documents required, completing in 10-14 business days - usually before your next payment date. Title moves into an independent trust, you lease the home from the trust as its grantor and beneficiary, and the payment amount stays the same: what changes is that the lender's return arrives as rent on real property rather than interest on money. Flat pricing: a one-time $349 fee plus $10/month administration, re-verified on ijaracdc.com in August 2026. The conversion fatwa was issued by Mufti Mohammed-Umer Esmail in 2009 within IjaraCDC's documented contract lineage.

Finances the equity owed to an ex-spouse so one party can keep the home after separation: a finalized separation agreement establishes the split, you qualify on a single income, and the transaction stays inside Sharia-compliant structuring at a moment when few buyers have the bandwidth to engineer that themselves. Runs on IjaraCDC's Ijara wa Iqtina structure: a single-asset trust buys the home and leases it to you, with each payment split between rent on the trust's share and an equity buyout, and title transferring once the buyout completes. Terms run 1-5 years (Canadian reset model) with amortization up to 25 years and a 10-20% annual prepayment allowance; no rates are published - quotes are individual.

IjaraCDC's multifamily program finances apartment complexes of 8 to 300 units at $1M-$25M with 25-30% down, long amortization terms, and non-recourse options available - one of the only halal routes to institutional-scale multifamily real estate in Canada. The structure is the same trust-based Ijara that underpins IjaraCDC's residential financing, scaled up: a single-asset trust purchases the property and leases it to your organization, with each payment split between rent and an equity buyout until title transfers, funded through a network of 200+ commercial sources.