Investing in IHC

• Because of dealing with public money, cooperatives like IHC are required by law to have its Offering Statement approved by the Financial Services Commission of Ontario (FSCO). IHC is proud to announce that its Offering Statement has been approved by the FSCO. This document is very important for those who intend to invest their hard earn money in the Cooperative business. Approval of IHC’s Offering Statement provides very clear information to investors that IHC is following all the standards set by the regulatory authority to protect the financial assets of a member.

• IHC’s financing model is solely funded by equity investments by committed individuals, and corporate members, and efficiently managed by a dedicated board of volunteer professionals from various parts of the country. In addition to a halal-return on investment (far exceeding traditional bank returns), our investor members earn the eternal reward of assisting other Muslim families afford interest-free homes to establish their presence as part of our active communities in the Canadian society.

• Since its inception, IHC has continuously provided higher dividend to its members than announced by other housing cooperatives. Alhamdulillah, leading position continued for this year’s dividend as well and IHC has announced and distributed dividend to its members higher than competitive cooperative housings.

• Investment in Cooperative does not bear intensity of risks associated with real estate and mortgage markets because Cooperative does not provide funds to house occupant members rather owns houses and occupants pay occupancy charges just like one pays rent while living as tenant. Rental market does not experience volatility like mortgage market. People have to live in a house and pay the rent. As IHC holds properties for a long time, therefore, short run ups and downs are not relevant for its business.

• Shares redemption policy can be obtained by contacting Co-operative office.