Grow your money with a purpose!
Profit-sharing deposit accounts.
A unique and socially responsible way to grow your money with Profit-Sharing Deposit Accounts offered through University Bank (Member FDIC). These accounts are available to customers across the country and provide an excellent opportunity to earn an anticipated return on your funds while staying true to your values.
Profit-Sharing Deposit Accounts are backed by a portfolio of Shariah-compliant assets, which includes Faith-Based Residential, Commercial, Vehicle Finance, and other Faith-Based Portfolios, all managed by UIF.
UIF’s Sharia Supervisory Board, an independent body, has reviewed and approved the programs, fatawa have been issued under the guidelines of the “Agency Investment Model” as per AAOIFI’s standard No. 46.
