SINCE 1990, QURTUBA HOUSING COOP. OFFERS

Ethical Home Buying and Saving Solutions

Qurtuba is a not-for-profit organization.

Years of service
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Happy Home Buyers
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Members
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Liability
0 $
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How we can help you?

The main objective of Qurtuba is to offer Quebec residents the opportunity to acquire houses at reasonable prices while avoiding paying usurious interest (Riba). It also allows investors to derive reasonable benefits from their investments, both moral (Halal) and material.

Home Buying

Qurtuba provides to its members an interest-free home buying solution. A diminishing partnership model is used for home purchase process.

Ethical Saving

Qurtuba provides an ethical saving solution that allows you to have moral and comfortable rewards (dividends). Rewards come only from the occupancy fees of the properties belonging to members.

Why choose Qurtuba?

Qurtuba is the only self-funded organization in Quebec. Unlike other organizations, our operations are not funded by any financial institution and therefore we have no debt on our books.

01

Interest-Free

All the services we offer are interest-free as we consider that it is unfair to repay the loan and bear any losses from the use of the funds.

02

Responsibility

We exclude financing and dealing in sinful and socially as well as environmentally irresponsible activities and commodities such as gambling, alcohol and drugs.

03

Risk-Sharing

Qurtuba, as provider of financial funds, and its members share business risk in return for shares of profits and losses.

04

Materiality

All our financial transactions have a material finality, that is a direct or indirect link to a real economic transaction.

05

Justice

We ensure that all our financial transactions are fair and not lead to the exploitation of any party to the transaction.

06

Transparency

All our transactions are  clear and transparent, concluded before a notary. Honesty and openness are main values of Qurtuba.

What Members Say

I am extremely satisfied with the professional, transparent, fair and legal manner in which Qurtuba Housing Coop. operates.
K. D., Home Buyer
Member Since 2009
The cooperative process is clear, from the first contact to the transfer of the property. Everything was done according to Islamic principals.
M. S., Home Buyer
Member Since 2005
I'm with Qurtuba Housing Coop. since 2010 and they always was comprehensive with me and very helpful. Thanks!
M-Y. A., Home Buyer
Member Since 2010
Qurtuba is an organisation which is helping people to buy the houses who cannot afford otherwise. We support Qurtuba for its dedicated work.
A. S.
Member Since 2019
Qurtuba is more than a cooperative for us, it is a way for everyone, not just Muslims, to grow their money equally with clean money.
T. C.
Member Since 2016
Qurtuba has been rendering excellent and generous services to the community with clearly laid out rules that are not complex.
J. A.
Member Since 2007

Join Our Community

Would you like to know more about Qurtuba?

Subscribe to an information session to get details about the services Qurtuba is offering to its communauty