Welcome to An-Nur Co-operative Corporation
(416) 754-4135

housing development

Housing Development

  • An-Nur Co-op has made significant investment in housing and housing development projects (through related corporation).
  • Alhamdulillah, we are also planning of providing short-term financing for the construction of residential projects (through a related corporation).
  • A few residential Home Purchase Plans (HPP) agreements have been completed. We realize that there is immense need for interest free home buying. Therefore, we have recently finalized an arrangement with a financing group for providing Home Purchase Plan on an interest-free basis, as a part of a long term solution to this problem.
  • HOME Plan (Home Ownership Made Easy Plan) is structured on a declining balance MUSHARAKAH basis, with 25% down Payment, & balance to be paid by monthly Installment Payments (for details, please refer to Home Purchase Plan Section).