The North American Islamic Trust - NAIT

Alhamdulillah, masajid and Islamic schools are expected to be perpetual. Unfortunately, many Islamic centers founded in the 19th and early 20th Century were lost. To prevent this in the future, a national Waqf organization, the North American Islamic Trust, Inc. (NAIT) was founded in 1973 by the Muslim Students’ Association of the United States and Canada (MSA). NAIT maintains its foundational supporting relationship with MSA and the Islamic Society of North America (ISNA).

As a Waqf, NAIT holds titles to the real estate assets of Islamic centers and schools in more than forty States. Properties held as Waqf are operated primarily for the purpose of religious worship. In addition to its Waqf role, NAIT pools the American Muslim community’s assets under its Islamic Centers Cooperative Fund, and publishes credible Islamic literature under its American Trust Publications. Through a wholly-owned for-profit subsidiary, NAIT develops financial vehicles that are compatible with both the Shari’ah (Islamic law) and the American law, e.g. mutual funds.

NAIT Services

Islamic Centers Division

  • Safeguarding Mosques & Islamic Schools

Islamic Centers Cooperative Fund

  • Pooling Muslims’ Funds for Mutual Benefit

Iman Fund

  • Shariah-compatible Stocks

American Trust Publications (ATP)

  • Publisher of Credible Islamic Titles

 

NAIT Purpose


  • Revive Prophet’s Sunnah of Waqf


  • Shield Islamic centers’ properties from potential legal liabilities


  • Pool American Muslim communities’ financial assets for mutual gains


  • Offer Shariah-compliant financial products