Membership eligibility
To ensure the stability, legality, and shared success of our cooperative, all prospective members meet a few clear requirements before joining our Musharakah partnership.
General requirements
Investor criteria
Resident criteria
Frequently asked questions
How is the monthly profit calculated and distributed?
The resident pays fair-market rent each month. From this we deduct operating expenses — property taxes, insurance, and a maintenance reserve — and distribute the remaining net income to all shareholders in exact proportion to the equity they own in that property.
Who pays for property repairs and maintenance?
Major structural repairs are covered by the cooperative's maintenance reserve, funded collectively from gross rental income — all parties share ownership, so all share the cost of protecting the asset. Day-to-day upkeep is the resident's responsibility, fostering true pride of ownership.
What is the exit strategy — how do investors get their capital back?
Through our Diminishing Musharakah model, residents periodically purchase additional equity shares from the investor pool. When a resident buys your shares you receive your capital back at the current appraised value, realizing any appreciation. Investors may also sell shares to other eligible members after a minimum vesting period.
How do you ensure the investment remains strictly Islamic?
Our bylaws mandate that no property is purchased with interest-bearing debt. All returns derive solely from asset-backed rental income, eliminating riba entirely. Our models and agreements are regularly reviewed by an independent advisory board of Islamic finance scholars.