AMERICAN MUSLIM CREDIT UNION & TRUST
AMERICAN MUSLIM CREDIT UNION & TRUST (AMUSCUT) will be your ethical charitable trusted finance provider and investment partner in the United States.
ARB
تم تأسيس اتحاد الائتمان الأمريكي الإسلامي والثقة (AMUSCUT) ، وهي عبارة عن مؤسسة غير ربحية ومملوكة من قِبل الأعضاء ، والتي تعمل على تقديم الخدمات المالية لجميع أعضائها في إطار قواعد القانون المالي الأمريكي للمسلمين الذين يعيشون في أمريكا.
للحصول على
المزيد من المعلومات بالتفصيل قم بزيارة (رابط) ، وللاستطلاعات قم بزيارة (رابط)
URD
امریکن مسلم کریڈٹ یونین اینڈ ٹرسٹAMUSCUT)) جو ایک غیر منافع بخش ادارہ / تنظیم ہے اور اراکین کی ملکیت ہے، امریکہ میں رہنے والے مسلمانوں کے لیے امریکی مالیاتی قوانین کے ڈھانچہ (فریم ورک) کے اندر اپنے تمام اراکین کو مالیاتی خدمات فراہم کرنے کے لیے قائم کی گئی ہے۔
تفصیلی معلومات کے لیے اس( لنک) پرکلک کریں، سروے کے لیےاس (لنک) پر کلک کریں
MISSION
Do good, do well what you do. Undoubtedly, Allah loves those who do good and do their job well’ (Baqarah, 195), hundreds of verses of the Qur’an such as ‘Compete each other in doing good and goodness’ (Baqarah, 148) and the hadiths of our Prophet Muhammad (saas) encourage helping people. advises. More than 8 million Muslims live in the United States. Based on these orders and recommendations; We are working to establish the AMERICAN MUSLIM CREDIT UNION AND TRUST (AMUSCUT) to provide financial support services to all our members with transparency and honesty within the framework of US legal rules, focusing on universal and Islamic values for Muslims living in America, away from political and illegal practices.
This Web Platform has been prepared for the purpose of informing and surveying the membership-sponsorship-activities of Muslim individuals, organizations, and communities for the establishment of the American Muslim Credit Union & Trust (AMUSCUT). According to the commitments of the sponsor and other donors and the results of the survey and evaluation, legal applications and arrangements will be made for the establishment with the Temporary Board of Directors
ACTIVITIES
There are more than 120 million members of the 6,100 Credit Unions in the United States. Credit unions, because they are cooperatives, work for the benefit of their members on a non-profit basis and are tax-free, offering lower rates than other financial institutions. Each member’s deposit is insured up to $250,000.
AMUSCUT, which will be established in this context, will provide Muslim members in the USA with home-office-franchising-office supplies-car purchases, in the fields of trade and investment, for the school-education expenses of their children, in the development of NGO Islamic Education-Culture-Worship-Health-Activity centers, faith-indexed for those who want it. It will provide financial support under the most favorable conditions with financial instruments that comply with Islamic criteria. They will be able to receive financial-investment-retirement-health planning and expert support services.
For the strong establishment of AMUSCUT together with opinion leaders and leaders of Muslim societies and non-governmental organizations in America, Islamic-Cultural-Local Associations-Foundations-Councils-Chambers of Commerce and Muslim businessmen, experts and consultants in the field of banking and Islamic finance; It is aimed to collect 100,000 members and 10 million dollars aid-fund-donation.
AMUSCUT, which will be established in New Jersey, will operate throughout the United States with Fintech technologies and Internet Banking applications
SPONSORSHIP
For the strong establishment of non-profit AMUSCUT; It is aimed to collect 100,000 members and 10 million dollars aid-fund-donation.
General Sponsorship criteria for the establishment of American Muslim Credit Union&Trust;
– Companies, organizations or individuals who will donate at least $10,000
– Islamic-Cultural-Worship-Education-Health Centers, Associations, Foundations, Institutions and organizations with a network and potential of at least 500 members will be considered as general sponsors.
Sponsorship criteria to be included in the AMUSCUT interim board of directors;
– Companies, organizations, organizations or individuals who will donate at least $100,000
– Islamic-Cultural-Worship-Education-Health Centers, Associations, Foundations, Institutions and Organizations with a network and potential of at least 1000 members will be considered as temporary board member-Sponsor. Commitments are not binding for their owners.
In this context, legal arrangements will be made with the Temporary Board of Directors, which will consist of sponsors and expert consultants to be determined.
Sponsor candidates can report the amount of donations they will make on behalf of themselves, their company, or their organization with a survey.
After the establishment is legally approved, the pledged donation-deposit-membership dues will be processed on behalf of the members to be deposited in legal accounts. A new Board of Directors will be determined with the participation of all members.
MEMBERSHIP
For the strong establishment of non-profit AMUSCUT; In the first plan, 100,000 membership registrations are targeted. You can register on behalf of you and your potential with the survey form.
To open a membership account at AMUSCUT, it is sufficient to provide a valid ID, your SSN-Social Security number (if any) and proof of your address. You can apply for membership online.
The AMUSCUT deposit account is actually stocks with a face value of $20 each. For this reason, at least 5 shares must be purchased at the beginning to get a membership. Membership is achieved by opening a Share account with a minimum deposit of $100. For children under 13, only one share is required for initial membership. There is no minimum amount required to open a checking account. Member accounts are insured by the National Credit Union Equity Insurance Fund (NCUSIF). Each member’s deposit is insured up to $250,000.
Members can transfer money from their accounts in other banks, Real-time credit and credit card cash advances can be made. They can pay their bills online.
They can get financial-retirement-health planning services.
OUR DIFFERENCE
Because the members/customers of a credit union are the owners, the credit union pays “dividends” rather than “interest”.
Like other financial institutions, Credit Union accepts deposits and lends money – but we are NOT in this business to make a profit. As a member of the Credit Union, you, along with other members, will be the owner and operator of the Credit Union. Earnings, excess funds are returned to our members as dividends, discounted financing offers, improvements to our products and services. That means they have great prices, lower fares, and special discounts.
AMUSCUT aims to be a financial institution that is democratically controlled by its members and operates with the aim of maximizing the economic benefit of its members by providing financial services at competitive and fair rates.
AMUSCUT will be built on a solid foundation. It will adhere to the strong Code of Ethics that focuses on honesty and transparency in the products and services we will offer to our members.
It will provide financial support to those who want it, with financial instruments in accordance with faith-indexed Islamic criteria, in the most appropriate conditions.
It will be regularly audited by PricewaterhouseCoopers LLP, an independent audit firm.
