First ever U.S Islamic Banking Subsidiary

UIFC, which was formed on December 29, 2005 and capitalized with $15,581,000 in shareholder equity and assets, is the first ever U.S. Islamic Banking Subsidiary to be formed. UIFC engages in Islamic Banking with an initial focus on its existing product set: soliciting Islamic Sharia'a FDIC-insured Deposits held by University Bank and originating Islamic Sharia'a home financings as agent for University Bank. UIFC's products have received favorable legal rulings (fatawa) from some of the leading Islamic legal scholars in the U.S. and the world. University Bank also recently announced a $100,000,000 strategic relationship with the Federal Home Loan Mortgage Corporation to create a secondary market for UIFC's Sharia'a compliant home financings nationwide. For additional information about UIFC's Sharia'a compliant products and its fatawa, see www.universityislamicfinancial.com .