A Not-for-Profit Financial Institution Developed to Empower our Community
Your Deposit is Not a Donation.
Your deposit will be used to directly provide interest-free loans to those that are truly in need.
It’s that Simple.
Our Story
For almost a decade we have been searching for an equitable financing model that would serve the fundamental purposes of a banking institution without exploiting both the depositors and those in need. We aim to disrupt the current banking models by providing an alternative solution that is founded upon faith-based principles. Leaders and community members from both the New Brunswick Islamic Center and the Islamic Society of Central Jersey have championed this vision to create the Maun Federal Credit Union. We pray that this small act of kindness (ma’un – Arabic), will help empower our community and help bring us all closer to fulfilling our faith. We hope that our success will serve as a model for others to embrace.
Sincerely,
Irfan Galaria MD, MBA
Chair,
Board of Directors
Strong, Safe and Secure
Maun Federal Credit Union is built on a sound foundation.
We adhere to faith-based principles and our policies and procedures are regularly audited by experts and scholars.
We are closely regulated by the Federal Government.
The National Credit Union Administration (NCUA), a U.S. Government Agency, insures members’ savings up to $250,000.
Our Services
Maun Federal Credit Union plans to incrementally increase services over the next few years.
At present, we offer:
- Deposit Accounts
- Accept ACH Deposits and Wire Transfers
- Remote Check Deposit
- Online Account Access
- Full-Service Checking Accounts
Planned additional services:
- ATM
- Debit Card
- Mobile Wallet
- Online Bill Pay
Our Values
Focusing on Values of Service, Integrity and Community Supports our Mission to make YOU our Top Priority.
We Serve With Compassion
Compassionate service goes beyond knowing your name. It’s understanding and caring about what’s important to you. That’s why we’re dedicated to your overall financial well-being and helping you achieve what you want in life.
We Put Members First
Members FIRST. As a not-for-profit credit union, we strive to do what’s right for our membership as a whole, so we can bring real value to all of our members. It’s a matter of integrity and simply the right thing to do. So, you can trust that 24/7/365, we are focused on your needs.
We Champion Community
People FIRST: We’re dedicated to fostering the financial health and well-being of the members of the ISCJ and NBIC communities.
Maun FCU Intro Webinar
Step 1 - Getting Started
To Get Started, you need to be a member of the Islamic Society of Central Jersey (ISCJ) or of the New Brunswick Islamic Center (NBIC).
If you are not a member, no problem , follow the links below to sign up
Only 1 person in the family needs to be a member of the ISCJ or NBIC for any family member to open an account with the Maun FCU.
Step 2 – Contact US and we will send you the necessary forms and documents to get started.
Please Note: Each account will be charged a $5/month fee. The Maun FCU is a not-for-profit entity and the fees help cover the operational costs so that we may offer interest-free loans.
Explore our expert
About Us
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Ready to get started? It's fast, free and very easy!
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Who we are
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See What Our Existing Customer Says About Us
Our Dedicated Team Members
Board of Directors
Irfan Galaria - Chairman
Irfan Galaria MD, MBA is a Plastic and Reconstructive Surgeon. He is involved with several not-for-profit organizations that are focused on improving diversity on college campuses and promoting civil rights in America.
Nadeem Baig - Vice Chair
Served as a board member of the Digestive Health Physicians Association. Currently, serving as a board member of New Brunswick Islamic Center
Ahsun Saleem
As Managing Principal with Simplegrid, he overseers all aspects of the organization - strategy, marketing, operations, finance and personnel.
Ahsen Janjua - Treasurer
Ahsen designs comprehensive succession planning strategies to protect economic interests and maintain operational excellence during transition.
Arif Patel - Secretary
Grassroots Civic and Local Community Volunteer with Corporate, Personal Business and Leadership experience for 15+ years.
Supervisory Committee
Mohammed Salyani - Chair
Mohammed is a Principal at a regional accounting firm WilkinGuttenplan which he joined in 2001. Mohammed has been an active member of both ISCJ and NBIC for many years.
Mohamed Shiliwala
Mohamed’s practice focuses on real estate( residential, commercial purchases & sales) and business transactions.
Executive Team
Gulnaz Batliwala - Accounting Committee
Gulnaz works as the Finance Lead of a nationwide corporation, and has been a CPA since 2002. She has also served as an internal auditor at ISCJ.
Tariq Ajaz - Strategy and Operations
Tariq Ajaz is a senior level financial services executive with versatile background in international and domestic banking processes and regulations.
Shomail Malik - Director of Marketing and Outreach
Grassroots local community volunteer with corporate and business leadership for 15 plus years.
We are fortunate to work with great brands
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FAQ
Get in touch with us.
Have questions about opening an account?
WALK-IN OFFICE HOURS
For All Other Times Please Contact US to Schedule an Appointment
Main Office
By Appointment Only
