Ameen Housing Co-Operative of California, Inc. (AHC) is a member-owned co-operative financial institution.

AHC was established in 1996 in Palo Alto, California, modeled after the highly successful Toronto Housing Co-operative.

AHC's guiding principles are:

• Strong prohibition of riba in Islam; declaration of war by Allaah & His messenger (sas) on those who engage in riba
• "O you who believe! Eat not usury doubled and multipled, but fear Allah that you may be successful" - Surah Al-Imran (Chapter 3, Verse 130)
• " . . . But, Allah has permitted trade, and forbidden usury . . . " - Surah Al-Baqarah (Chapter 2, Verse 275)

Services offered by AHC:

Investments

• Secure & stable investment opportunity
• Community funds utilized for community benefit

Home Financing

• Islamic alternative to the prevailing mortgage system
• Buy/refinance homes in an Islamically permissible manner