{ "_meta": { "dataset": "halal-finance-registry-ca", "name": "Canadian Halal Finance Product Registry", "description": "Structured, machine-readable registry of every Shariah-compliant financial product HalalWallet tracks in Canada — provider, category, Islamic contract structure, provincial availability, Shariah oversight, category-specific terms, and a last-verified date per record.", "url": "https://www.halalwallet.ca/data/halal-finance-registry-ca", "downloadUrl": "https://www.halalwallet.ca/api/data/halal-finance-registry-ca.json", "publisher": { "@type": "Organization", "name": "HalalWallet", "url": "https://www.halalwallet.ca", "logo": "https://www.halalwallet.ca/mainlogo_1.png" }, "license": "CC BY 4.0", "licenseUrl": "https://creativecommons.org/licenses/by/4.0/", "datePublished": "2026-07-29", "dateModified": "2026-07-29", "temporalCoverage": "2026/..", "spatialCoverage": "Canada", "citation": "HalalWallet. \"Canadian Halal Finance Product Registry.\" 2026-07-29. https://www.halalwallet.ca/data/halal-finance-registry-ca", "changelog": [ { "date": "2026-07-29", "note": "Initial public release: product-level registry of the Canadian halal finance market sourced directly from the live HalalWallet product database, with Islamic contract structures, provincial availability, category-specific terms, and per-record last-verified dates." } ], "generatedAt": "2026-07-30T06:42:51.221Z", "coverage": { "total": 89, "asOf": "2026-07-30", "byCategory": { "Bank Accounts": 3, "Business Financing": 11, "Home Financing": 30, "Investing": 28, "Retirement": 8, "Vehicle Financing": 3, "Wills & Estate Planning": 6 }, "providerVerified": { "records": 0, "providers": 0 }, "verdictLinked": { "records": 9, "ofTickerRecords": 9 }, "freshness": { "recordsWithVerificationDate": 89, "recordsWithoutVerificationDate": 0, "pctVerified": 100, "verifiedThrough": "2026-07-29" }, "fieldCoverage": { "core": { "provider": { "present": 89, "total": 89, "pct": 100 }, "productName": { "present": 89, "total": 89, "pct": 100 }, "category": { "present": 89, "total": 89, "pct": 100 }, "structure": { "present": 49, "total": 89, "pct": 55 }, "shariahOversight": { "present": 88, "total": 89, "pct": 99 }, "website": { "present": 89, "total": 89, "pct": 100 }, "states": { "present": 88, "total": 89, "pct": 99 }, "bestFor": { "present": 48, "total": 89, "pct": 54 }, "lastVerified": { "present": 89, "total": 89, "pct": 100 } }, "decisionGrade": { "apy": { "present": 0, "total": 89, "pct": 0 }, "monthlyFee": { "present": 0, "total": 89, "pct": 0 }, "expenseRatio": { "present": 10, "total": 89, "pct": 11 }, "managementFee": { "present": 1, "total": 89, "pct": 1 }, "minInvestment": { "present": 1, "total": 89, "pct": 1 }, "minDownPayment": { "present": 15, "total": 89, "pct": 17 }, "maxLoanAmount": { "present": 1, "total": 89, "pct": 1 }, "minCreditScore": { "present": 2, "total": 89, "pct": 2 }, "termOptions": { "present": 3, "total": 89, "pct": 3 }, "terms": { "present": 22, "total": 89, "pct": 25 }, "pricing": { "present": 4, "total": 89, "pct": 4 }, "features": { "present": 24, "total": 89, "pct": 27 } } }, "note": "Identity and Shariah-structure fields are substantially complete. Decision-grade fields (rates, pricing, eligibility) are under active primary-source verification via the HalalWallet provider portal and are reported here as gaps rather than estimated. See /methodology." } }, "records": [ { "id": "moya-financial-sukuk-shariah-compliant-growing-rate-term-deposit", "provider": "Moya Financial", "providerProfileUrl": "https://www.halalwallet.ca/providers/moya-financial", "productName": "Sukuk Shariah Compliant Growing-Rate Term Deposit", "category": "Bank Accounts", "categoryHubUrl": "https://www.halalwallet.ca/bank-accounts", "shariahBoard": "No Public Review", "description": "Five-year Mudarabah term deposit whose profit share increases every year, with a one-time redemption option at the three-year anniversary. $5,000 minimum, available in registered and non-registered accounts.", "website": "https://moyafinancial.ca/contact-us/#MakeAppointment", "nationwide": false, "stateCount": 0, "lastVerified": "2026-07-29", "minOpeningDeposit": "$5,000" }, { "id": "moya-financial-sukuk-shariah-compliant-non-redeemable-term-deposit", "provider": "Moya Financial", "providerProfileUrl": "https://www.halalwallet.ca/providers/moya-financial", "productName": "Sukuk Shariah Compliant Non-Redeemable Term-Deposit", "category": "Bank Accounts", "categoryHubUrl": "https://www.halalwallet.ca/bank-accounts", "shariahOversight": "no_public_review", "shariahOversightSummary": "Moya Financial offers financial services described as Sharia-compliant but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "description": "Mudarabah profit-sharing term deposit: funds are locked for a fixed term and earn a share of Moya's Shariah-compliant mortgage financing profits at published indicative rates.", "website": "https://moyafinancial.ca/contact-us/#MakeAppointment", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "lastVerified": "2026-07-29" }, { "id": "moya-financial-sukuk-shariah-compliant-redeemable-term-deposit", "provider": "Moya Financial", "providerProfileUrl": "https://www.halalwallet.ca/providers/moya-financial", "productName": "Sukuk Shariah Compliant Redeemable Term-Deposit", "category": "Bank Accounts", "categoryHubUrl": "https://www.halalwallet.ca/bank-accounts", "shariahOversight": "no_public_review", "shariahOversightSummary": "Moya Financial offers financial services described as Sharia-compliant but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "description": "Mudarabah profit-sharing term deposit with early access to funds, earning a share of Moya's Shariah-compliant mortgage financing profits at published indicative rates.", "website": "https://moyafinancial.ca/contact-us/#MakeAppointment", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "lastVerified": "2026-07-29" }, { "id": "ijaracdc-business-premier-7a-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Business Premier 7A Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "productType": "SBA 7(a) Premier Alternative", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Premium Sharia-compliant commercial building financing (Sharia Business Premier 7A program). $250K–$5M with as little as 5–10% down and up to 25 years of amortized financing for businesses buying or refinancing their buildings. Property types: warehouses, offices, restaurants, branded gas stations, flagged hotels. Also covers debt refinancing, business acquisitions, inventory, equipment, working capital, and tenant improvements and renovations.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Businesses buying their building with minimal down", "lastVerified": "2026-07-28", "minDownPayment": "5–10%", "terms": [ "Up to 25 years" ], "features": [ "all provinces", "200+ commercial funding sources", "5–10% down payment", "Up to 25 years amortized", "Warehouses, offices, restaurants, branded gas stations, flagged hotels", "Covers: debt refinancing, acquisitions, inventory, equipment, working capital, tenant improvements", "Trust-based Ijara (lease-to-purchase) structure", "Source: ijaracdc.com/products-categories/ and /islamic-financing-commercial/" ], "minAmount": "$250,000", "maxAmount": "$5,000,000" }, { "id": "ijaracdc-commercial-real-estate-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Commercial Real Estate Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "productType": "Commercial Real Estate", "structure": "Ijara / Musharakah", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon.\nShaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Sharia-compliant financing for large commercial properties (office buildings, retail centers, industrial properties) using a trust-based Ijara structure. $500K–$20M, 35%+ equity required, long-term leases required. 200+ commercial funding sources.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "No/low credit options", "lastVerified": "2026-07-28", "minDownPayment": "35%+", "features": [ "all provinces", "200+ commercial funding sources", "35%+ equity required", "Long-term leases required", "Property types: office buildings, retail centers, industrial properties", "Trust-based Ijara (lease-to-purchase) structure" ], "minAmount": "$500,000", "maxAmount": "$20,000,000" }, { "id": "ijaracdc-investor-gold-cre-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Investor Gold CRE Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "productType": "National-Tenant CRE", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Sharia-compliant commercial real estate financing for well-qualified investors whose properties are leased long-term to national tenants with a credit rating or equivalent (Sharia Investor Gold program). $2M–$20M with only 20–25% down and up to 20 years of amortized financing. Non-recourse available.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Investors with credit-rated national tenants", "lastVerified": "2026-07-28", "minDownPayment": "20–25%", "terms": [ "Up to 20 years" ], "features": [ "all provinces", "200+ commercial funding sources", "20–25% down payment", "Up to 20 years of amortized financing", "Requires long-term national tenants with credit rating or equivalent", "Non-recourse available", "Trust-based Ijara (lease-to-purchase) structure" ], "minAmount": "$2,000,000", "maxAmount": "$20,000,000" }, { "id": "ijaracdc-multifamily-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Multifamily Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "productType": "Multifamily", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Financing for multifamily apartment complexes of 8–300 units. $1M–$25M, 25–30% down. Long amortization terms, non-recourse options available. Trust-based Ijara structure through 200+ commercial funding sources.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Multifamily apartment investors", "lastVerified": "2026-07-28", "minDownPayment": "25–30%", "features": [ "all provinces", "200+ commercial funding sources", "8–300 units", "25–30% down payment", "Long amortization terms", "Non-recourse options available", "Trust-based Ijara (lease-to-purchase) structure" ], "minAmount": "$1,000,000", "maxAmount": "$25,000,000" }, { "id": "ijaracdc-non-profit-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Non-Profit Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "productType": "Non-Profit Financing", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Sharia-compliant financing for masjids, Islamic schools, and Muslim nonprofit organizations. Established organizations: $300K–$7M, 30% down, up to 20 years with a 10-year balloon, up to 12 months of no payments during construction, no personal guarantees possible. New organizations: $300K–$1M, 30–40% down, personal guarantees required.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Masjids, Islamic schools, and Muslim nonprofits", "lastVerified": "2026-07-28", "minDownPayment": "30–40%", "terms": [ "Up to 20 years", "10-year balloon (established organizations)" ], "features": [ "all provinces", "200+ commercial funding sources", "Established organizations: 30% down, $300K–$7M, no personal guarantees possible", "New organizations: 30–40% down, $300K–$1M, personal guarantees required", "Up to 12 months of no payments during construction", "Suits masjids, Islamic schools, and community nonprofits", "Trust-based Ijara (lease-to-purchase) structure" ], "minAmount": "$300,000", "maxAmount": "$7,000,000" }, { "id": "ijaracdc-small-business-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Small Business Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "productType": "Small Business", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Financing for businesses purchasing or refinancing their operating property. Offices, medical/dental practices, restaurants, warehouses, gas stations, hotels. Also covers acquisitions, equipment, inventory, working capital, and renovations. $250K–$5M, ~5–10% down, up to 25 years. Professional practices sub-program: ~5% down, construction/build-outs possible with payment deferral.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Small business owners and professional practices", "lastVerified": "2026-07-28", "minDownPayment": "~5–10%", "terms": [ "Up to 25 years" ], "features": [ "all provinces", "200+ commercial funding sources", "~5–10% down payment", "Property types: offices, medical/dental, restaurants, warehouses, gas stations, hotels", "Also covers: acquisitions, equipment, inventory, working capital, renovations", "Professional practices program: ~5% down, construction/build-outs, payment deferral during buildout", "Trust-based Ijara (lease-to-purchase) structure" ], "minAmount": "$250,000", "maxAmount": "$5,000,000" }, { "id": "muevmnt-financial-business-financing", "provider": "Muevmnt Financial", "providerProfileUrl": "https://www.halalwallet.ca/providers/muevmnt-financial", "productName": "Business Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "shariahOversight": "no_public_review", "shariahOversightSummary": "No publicly disclosed Sharia advisory board, named scholar, or third-party certification was identified.", "shariahBoard": "No Public Review", "description": "Financing used to purchase to operate or grow a business.", "website": "https://muevmnt.ca/apply-now/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "tjara-halal-financing-business-financing", "provider": "Tjara Halal Financing", "providerProfileUrl": "https://www.halalwallet.ca/providers/tjara-halal-financing", "productName": "Business Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "shariahOversight": "formal_board", "shariahOversightSummary": "Tjara operates under an Ethical Advisory Board composed of multiple Shariah scholars, including Dr. Aznan Hasan, Mufti Muhammad Muaz Ashraf Usmani, and Dr. Mohamad Akram Laldin, who oversee product structures and compliance.", "shariahBoard": "Formal Board", "description": "Financing used to purchase to operate or grow a business.", "website": "https://tjara.ca/contact-us/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "tjara-halal-financing-commercial-property-financing", "provider": "Tjara Halal Financing", "providerProfileUrl": "https://www.halalwallet.ca/providers/tjara-halal-financing", "productName": "Commercial Property Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "shariahOversight": "formal_board", "shariahOversightSummary": "Tjara operates under an Ethical Advisory Board composed of multiple Shariah scholars, including Dr. Aznan Hasan, Mufti Muhammad Muaz Ashraf Usmani, and Dr. Mohamad Akram Laldin, who oversee product structures and compliance.", "shariahBoard": "Formal Board", "description": "A flexible credit option that allows borrowing against pledged assets, giving access to funds when needed.", "website": "https://tjara.ca/contact-us/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "tjara-halal-financing-commercial-real-estate-financing", "provider": "Tjara Halal Financing", "providerProfileUrl": "https://www.halalwallet.ca/providers/tjara-halal-financing", "productName": "Commercial Real Estate Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "shariahOversight": "formal_board", "shariahOversightSummary": "Tjara operates under an Ethical Advisory Board composed of multiple Shariah scholars, including Dr. Aznan Hasan, Mufti Muhammad Muaz Ashraf Usmani, and Dr. Mohamad Akram Laldin, who oversee product structures and compliance.", "shariahBoard": "Formal Board", "description": "Funding for properties used for business purposes, such as office buildings, retail spaces, and industrial warehouses.", "website": "https://tjara.ca/contact-us/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "tjara-halal-financing-non-profit-organization-financing", "provider": "Tjara Halal Financing", "providerProfileUrl": "https://www.halalwallet.ca/providers/tjara-halal-financing", "productName": "Non-Profit Organization Financing", "category": "Business Financing", "categoryHubUrl": "https://www.halalwallet.ca/business-financing", "shariahOversight": "formal_board", "shariahOversightSummary": "Tjara operates under an Ethical Advisory Board composed of multiple Shariah scholars, including Dr. Aznan Hasan, Mufti Muhammad Muaz Ashraf Usmani, and Dr. Mohamad Akram Laldin, who oversee product structures and compliance.", "shariahBoard": "Formal Board", "description": "Financing used to grow a non-profit.", "website": "https://tjara.ca/contact-us/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "al-ehsaan-home-financing", "provider": "Al Ehsaan", "providerProfileUrl": "https://www.halalwallet.ca/providers/al-ehsaan", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Co-Op", "shariahOversight": "no_public_review", "shariahOversightSummary": "Al Ehsaan Housing states that its model has been reviewed by recognized scholars and provides supporting fatwa documents, but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://alehsaanhousing.ca/members.html", "nationwide": false, "stateCount": 1, "states": [ "SK" ], "founded": 2012, "bestFor": "Saskatchewan (Regina) buyers; rent-to-own housing co-op", "lastVerified": "2026-07-29" }, { "id": "ansar-houseing-co-operative-home-financing", "provider": "Ansar Co-operative Housing", "providerProfileUrl": "https://www.halalwallet.ca/providers/ansar-co-operative-housing", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Co-Op", "shariahOversight": "no_public_review", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://www.ansarhousing.com", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "founded": 2003, "bestFor": "Ontario buyers; member-funded diminishing-partnership co-op", "lastVerified": "2026-07-29" }, { "id": "aya-financial-home-financing", "provider": "Aya Financial", "providerProfileUrl": "https://www.halalwallet.ca/providers/aya-financial", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Musharaka", "structureSlugs": [ "musharakah" ], "shariahOversight": "formal_board", "shariahOversightSummary": "AYA Financial maintains an Islamic Finance Advisory Board composed of multiple scholars, including Dr. Mohammad Iqbal Masood al-Nadvi, Dr. Hamid Slimi, and Shaikh Mohamed Nafis Bhayat, who review and endorse its financial products.", "shariahBoard": "Formal Board", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://ayafinancial.com/application/", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "bestFor": "Ontario buyers (see compliance note before proceeding)", "lastVerified": "2026-07-29" }, { "id": "canadian-halal-financial-corporation-home-financing", "provider": "Canadian Halal Financial Corporation", "providerProfileUrl": "https://www.halalwallet.ca/providers/canadian-halal-financial-corporation", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Musharaka, Murabaha", "structureSlugs": [ "musharakah", "murabaha" ], "shariahOversight": "named_scholar", "shariahOversightSummary": "Canadian Halal Financial Corporation’s financing models are supported by fatwas and endorsements from local scholars and institutions, including the Edmonton Council of Imams and Al Rashid Mosque.", "shariahBoard": "Named Scholar", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://www.halalfinancialcorp.com/contact", "nationwide": false, "stateCount": 1, "states": [ "AB" ], "founded": 2021, "bestFor": "Alberta buyers; two-party Musharaka/Murabaha, no third-party lender", "lastVerified": "2026-07-29" }, { "id": "eqraz-home-financing", "provider": "Eqraz", "providerProfileUrl": "https://www.halalwallet.ca/providers/eqraz", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Murabaha", "structureSlugs": [ "murabaha" ], "shariahOversight": "third_party_certified", "shariahOversightSummary": "EQRAZ’s Murabaha home financing is certified by the Shariyah Review Bureau (SRB), with ongoing supervision from its Shariah Supervisory Board, including scholars such as Sheikh Dr. Salah Al Shalhoob and Sheikh Faraz Adam.", "shariahBoard": "Named Scholar", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://eqraz.com/apply/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "founded": 2020, "bestFor": "Murabaha across most provinces; third-party SRB certification", "lastVerified": "2026-07-29" }, { "id": "ijaracdc-alternative-b-lending", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Alternative 'B' Lending", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "B-Lending", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Credit-repair path with higher rates: minimum 20% down and a 1%-of-purchase-price lender fee. Borrowers move to an A-lender when credit improves.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Buyers rebuilding credit", "lastVerified": "2026-07-28", "minDownPayment": "20%", "terms": [ "1–5 year terms" ], "features": [ "1% of purchase price lender fee", "Moves to A-lender when improved", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-bridge-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Bridge Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Bridge", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Bridges the down payment when your current property sells after the new purchase closes.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Buyers whose sale closes after purchase", "lastVerified": "2026-07-28", "terms": [ "Short-term" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-business-for-self-b-lender", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Business for Self — B Lender", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Business for Self", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Self-employed qualifying on 6 months of bank statements with 15–20% down.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Self-employed without traditional income docs", "lastVerified": "2026-07-28", "minDownPayment": "15–20%", "terms": [ "1–5 year terms" ], "features": [ "6 months bank statements", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-business-for-self-fully-qualifying", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Business for Self — Fully Qualifying", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Business for Self", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Self-employed with traditional income verification: line 150 NOA income grossed up 15% for sole proprietors and half-partners (no gross-up if incorporated). Minimum 10% down for self-employed buyers.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Self-employed with clean tax returns", "lastVerified": "2026-07-28", "minDownPayment": "10%", "terms": [ "1–5 year terms" ], "features": [ "Line 150 NOA income grossed up 15%", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-family-plan-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Family Plan Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Family Plan", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Buy a home for family members who don't meet income requirements. Minimum 5% down.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Families buying for relatives", "lastVerified": "2026-07-28", "minDownPayment": "5%", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-fthbi-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "First-Time Home Buyer Incentive (FTHBI)", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "FTHBI", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "First-Time Home Buyer Incentive pairing: a 5–10% shared-equity incentive with the Canadian Government, structured Sharia-compliant through Ijara.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "First-time Canadian buyers", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "5–10% government shared-equity incentive", "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-flexible-down-payment-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Flexible Down Payment Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Flexible Down Payment", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "For buyers with excellent credit who lack a down payment; the borrower must be able to debt-service the financing along with the down payment. Canadian general terms: minimum 5% down (10% self-employed), 1–5 year terms, up to 25 years amortization.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Strong-credit buyers without savings", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-gifted-down-payment", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Gifted Down Payment Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Gifted Down Payment", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Down payment gifted by an immediate relative (parent, sibling, grandparent, guardian, dependent, or spouse).", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Buyers with family gift funds", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-home-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "Formal Board", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://ijaracdc.com/application/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "founded": 1996, "bestFor": "Nationwide Ijara lease-to-own; buyers with limited credit history", "lastVerified": "2026-07-28" }, { "id": "ijaracdc-mortgage-switch-transfer", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Mortgage Switch / Transfer", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Switch/Transfer", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Move an existing mortgage between lenders for a better profit rate, structured Sharia-compliant.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Owners chasing a better profit rate", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-projected-income-dentists-vets", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Projected Income — Dentists & Veterinarians", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Projected Income", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Qualify on projected income for dentists and veterinarians in residency/fellowship or newly practicing (program completed within the last 12 months).", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "New dentists and veterinarians", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "Qualify on projected income", "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-projected-income-physicians", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Projected Income — Physicians", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Projected Income", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Qualify on projected/future income for physicians whose residency or fellowship completed within the last 24 months.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "New physicians", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "Qualify on projected income", "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-purchase-plus-improvements", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Purchase Plus Improvements", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Purchase Plus Improvements", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Combine the home purchase and improvement costs into a single Sharia-compliant mortgage.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Buyers renovating at purchase", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-refinancing-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Refinancing Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Refinance", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Sharia-compliant refinancing with cash-out up to 80% of appraised value.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Owners unlocking equity halal", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "Cash-out to 80% of appraised value", "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-conversion-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Riba-to-Ijara Conversion Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Conversion", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Converts an existing Canadian mortgage into a Sharia-compliant Ijara structure — no refinance and no documents required; completes in 10–14 business days.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Owners converting an existing mortgage to halal", "lastVerified": "2026-07-28", "terms": [ "Keeps your existing term" ], "features": [ "No refinance, no docs", "10–14 business days", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-second-homes-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Second Homes Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Second Home", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Sharia-compliant financing for second homes with a minimum 5% down payment.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Second-home buyers", "lastVerified": "2026-07-28", "minDownPayment": "5%", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-small-rental-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Small Rental Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Small Rental", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Financing for fully-rented investment properties with a minimum 20% down payment. Investment purchases carry 25–30% down and 6–12 months reserves under general Canadian terms.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Small rental-property investors", "lastVerified": "2026-07-28", "minDownPayment": "20%", "terms": [ "1–5 year terms" ], "features": [ "Fully-rented property required", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-spousal-buyout-program", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Spousal Buyout Program", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Spousal Buyout", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Financing to pay an ex-spouse the equity they are owed, structured Sharia-compliant.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Divorcing owners keeping the home", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "ijaracdc-total-net-worth-lending", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Total Net Worth Lending", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "productType": "Net Worth", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon. Shaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "For borrowers with moderate income but strong liquid assets and strong credit.", "website": "https://ijaracdc.com/application/?sales=HalalWallet#gf_1", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Asset-rich, income-light buyers", "lastVerified": "2026-07-28", "terms": [ "1–5 year terms" ], "features": [ "1–5 year terms (Canadian reset model)", "Owner-occupied up to 25 years amortization", "Source: ijaracdc.com/residential-programs-canada/" ] }, { "id": "interest-free-housing-co-operative-of-canada-home-financing", "provider": "Interest Free Housing Co-Operative of Canada", "providerProfileUrl": "https://www.halalwallet.ca/providers/interest-free-housing-co-operative-of-canada", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Co-Op", "shariahOversight": "no_public_review", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://www.interestfreehousing.ca/contact-us", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "bestFor": "Ontario (GTA) buyers; member-funded interest-free co-op", "lastVerified": "2026-07-29" }, { "id": "manzil-murabaha-mortgage-ca", "provider": "Manzil", "productName": "Murabaha Mortgage", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Murabaha", "structureSlugs": [ "murabaha" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A Shariah-compliant resale (Murabaha) structure in which Manzil purchases the property and resells it to the buyer at a transparent, agreed profit, repaid in fixed instalments with no interest at any point. Certified by Manzil's Shariah Supervisory Board and externally by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah).", "website": "https://www.manzil.co/ca/halal-homes", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "founded": 2019, "lastVerified": "2026-07-28", "minDownPayment": "20%", "termOptions": [ "2–5 year terms", "Amortization up to 25 years" ], "minCreditScore": "680", "minAmount": "100000", "maxAmount": "1500000" }, { "id": "manzil-home-financing-ca", "provider": "Manzil", "productName": "Musharaka Mortgage", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Diminishing Musharaka", "structureSlugs": [ "musharakah" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A fixed-rate, Shariah-compliant co-ownership home financing model: the buyer and Manzil purchase the property as partners, and the buyer gradually buys out Manzil's shares until achieving sole ownership. Returns are generated through profit from asset ownership rather than interest, with contracts certified by Manzil's Shariah Supervisory Board.", "website": "https://www.manzil.co/ca/halal-homes", "nationwide": false, "stateCount": 5, "states": [ "ON", "BC", "AB", "SK", "NS" ], "founded": 2019, "bestFor": "Largest Canadian track record; AAOIFI-aligned Musharaka co-ownership", "lastVerified": "2026-07-28", "minDownPayment": "20%", "termOptions": [ "2–5 year terms", "Amortization up to 25 years" ] }, { "id": "qurtuba-home-financing", "provider": "Qurtuba", "providerProfileUrl": "https://www.halalwallet.ca/providers/qurtuba", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Co-Op", "shariahOversight": "no_public_review", "shariahOversightSummary": "Qurtuba Housing Cooperative describes its model as developed with input and approval from religious scholars but does not publicly disclose a current Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://qurtuba.ca", "nationwide": false, "stateCount": 1, "states": [ "QC" ], "founded": 1990, "bestFor": "Quebec buyers; member-funded housing co-operative since 1990", "lastVerified": "2026-07-29" }, { "id": "servus-credit-union-home-financing", "provider": "Servus Credit Union", "providerProfileUrl": "https://www.halalwallet.ca/providers/servus-credit-union", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Murabaha", "structureSlugs": [ "murabaha" ], "shariahOversight": "third_party_certified", "shariahOversightSummary": "Servus Halal’s mortgage product is certified and annually reviewed by the Canadian Islamic Finance Board (CIFB), an independent body of Islamic scholars and finance experts.", "shariahBoard": "Third Party Certified", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://servushalal.ca/#highlights-servus-halal", "nationwide": false, "stateCount": 1, "states": [ "AB" ], "founded": 2025, "bestFor": "Alberta buyers wanting a regulated credit-union mortgage", "lastVerified": "2026-07-29" }, { "id": "tjara-halal-financing-home-financing", "provider": "Tjara Halal Financing", "providerProfileUrl": "https://www.halalwallet.ca/providers/tjara-halal-financing", "productName": "Home Financing", "category": "Home Financing", "categoryHubUrl": "https://www.halalwallet.ca/home-financing", "structure": "Musharaka", "structureSlugs": [ "musharakah" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Tjara operates under an Ethical Advisory Board composed of multiple Shariah scholars, including Dr. Aznan Hasan, Mufti Muhammad Muaz Ashraf Usmani, and Dr. Mohamad Akram Laldin, who oversee product structures and compliance.", "shariahBoard": "Formal Board", "description": "Financing used to buy a home or replace an existing home loan.", "website": "https://tjara.ca/contact-us/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "founded": 2024, "bestFor": "Buyers seeking Musharaka via funding partners across provinces", "lastVerified": "2026-07-29" }, { "id": "assad-wealth-management-a-donor-advised-fund-daf", "provider": "Assad Wealth Management", "providerProfileUrl": "https://www.halalwallet.ca/providers/assad-wealth-management", "productName": "A Donor-Advised Fund (DAF)", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "no_public_review", "shariahOversightSummary": "Assad Wealth describes its investment approach as Shariah-compliant but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "description": "Charitable giving account that allows you to contribute assets like cash or securities, and receive an immediate tax receipt. Your funds are then invested to grow and can be granted to your favorite charities over time. It's a strategic tool for managing your philanthropy and making a lasting impact.", "website": "https://www.assadwealth.ca/contact", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "assad-wealth-management-wealth-management", "provider": "Assad Wealth Management", "providerProfileUrl": "https://www.halalwallet.ca/providers/assad-wealth-management", "productName": "Wealth Management", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "no_public_review", "shariahOversightSummary": "Assad Wealth describes its investment approach as Shariah-compliant but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "website": "https://www.assadwealth.ca/contact", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "global-growth-assets-global-iman-fund", "provider": "global growth assets", "providerProfileUrl": "https://www.halalwallet.ca/providers/global-growth-assets", "productName": "Global Iman Fund", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "Mutual Fund", "shariahOversight": "named_scholar", "shariahOversightSummary": "Global Growth’s Global Iman Fund has received Sharia compliance opinions (fatwas) endorsing its structure, but a formal, publicly disclosed Sharia advisory board and ongoing oversight are not clearly presented.", "shariahBoard": "Named Scholar", "website": "https://globalgrowth.ca/Products.html", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29", "expenseRatio": "2.79% MER", "managementFee": "2.45%", "minInvestment": "$500 initial / $25 subsequent" }, { "id": "mackenzie-investments-mackenzie-shariah-global-equity-fund", "provider": "Mackenzie Investments", "providerProfileUrl": "https://www.halalwallet.ca/providers/mackenzie-investments", "productName": "Mackenzie Shariah Global Equity Fund", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "Mutual Fund", "shariahOversight": "no_public_review", "website": "https://www.assadwealth.ca/contact", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "manzil-business-account-non-registered", "provider": "Manzil", "productName": "Business Account (Non-Registered)", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "An investment or savings account designed for businesses to manage surplus cash or invest in Shariah-compliant assets.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-fhsa-first-home-savings-account", "provider": "Manzil", "productName": "FHSA — First Home Savings Account", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A tax-advantaged account to save for your first home, combining tax deductions on contributions with tax-free withdrawals for qualifying home purchases.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-joint-account-non-registered", "provider": "Manzil", "productName": "Joint Account (Non-Registered)", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A shared investment account between two or more individuals, allowing joint ownership and access to funds and investments.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-manzil-russell-halal-usa-broad-market-etf-mnzl", "provider": "Manzil", "productName": "Manzil Russell Halal USA Broad Market ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "third_party_certified", "description": "Broad exposure to US halal equities using the Russell Halal USA index methodology", "website": "https://manzilfunds.com/", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "bestFor": "Lowest-cost halal ETF with broad US exposure", "lastVerified": "2026-07-28", "ticker": "MNZL", "expenseRatio": "0.40%", "aum": "$50M", "screeningMethod": "Russell IdealRatings Manzil Halal USA Broad Market Index", "verdict": { "slug": "mnzl-etf", "entityName": "Manzil Russell Halal USA Broad Market ETF (MNZL)", "verdict": "halal", "summary": "MNZL is Shariah-compliant by design and adds a distinctive second screen. It tracks the Russell IdealRatings Manzil Halal USA Broad Market Index — the Shariah-compliant subset of the Russell 1000 — using Russell's IdealRatings AAOIFI-based screens (prohibited sectors plus debt/liquidity/impermissible-income limits). It then applies a further ethical screen based on American Friends Service Committee (AFSC) human-rights criteria. An independent Shariah Supervisory Board oversees it, with a purification process for residual income.", "url": "https://www.halalwallet.ca/is-it-halal/mnzl-etf", "lastReviewed": null } }, { "id": "manzil-personal-account-non-registered", "provider": "Manzil", "productName": "Personal Account (Non-Registered)", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A standard investment account with no tax advantages, allowing you to invest in stocks, ETFs, or funds with full flexibility. Taxes apply to gains and income.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-resp-registered-education-savings-plan", "provider": "Manzil", "productName": "RESP — Registered Education Savings Plan", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "An account designed to save for a child’s education, with potential government grants and tax-deferred investment growth.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-tfsa-tax-free-savings-account", "provider": "Manzil", "productName": "TFSA — Tax-Free Savings Account", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A flexible account where your investments grow completely tax-free, and withdrawals are not taxed. Can be used for both short- and long-term goals.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-wealth-management-ca", "provider": "Manzil", "productName": "Wealth Management", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "Investment Platform", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "Professionally managed, Shariah-compliant investment portfolios built to AAOIFI standards, with portfolio management provided by Corex Financial Inc. Portfolios are tailored to each client's goals and risk tolerance, available across registered and non-registered accounts, and accessible online and through the Manzil Invest mobile app.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "musaffa-sharia-compliance-investment-screening", "provider": "Musaffa", "productName": "Sharia Compliance Investment Screening", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "Stock Screener", "shariahOversight": "named_scholar", "shariahOversightSummary": "Musaffa’s screening methodology is developed under the guidance of named Shariah advisors, including Shaikh Dr. Aznan Hasan and Mufti Faraz Adam.", "shariahBoard": "Named Scholar", "website": "https://musaffa.com/authentication/registration", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-fhsa-first-home-savings-account", "provider": "ShariaPortfolio", "productName": "FHSA — First Home Savings Account", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A tax-advantaged account to save for your first home, combining tax deductions on contributions with tax-free withdrawals for qualifying home purchases.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-joint-account-non-registered", "provider": "ShariaPortfolio", "productName": "Joint Account (Non-Registered)", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A shared investment account between two or more individuals, allowing joint ownership and access to funds and investments.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-personal-account-non-registered", "provider": "ShariaPortfolio", "productName": "Personal Account (Non-Registered)", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A standard investment account with no tax advantages, allowing you to invest in stocks, ETFs, or funds with full flexibility. Taxes apply to gains and income.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-resp-registered-education-savings-plan", "provider": "ShariaPortfolio", "productName": "RESP — Registered Education Savings Plan", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "An account designed to save for a child’s education, with potential government grants and tax-deferred investment growth.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-tfsa-tax-free-savings-account", "provider": "ShariaPortfolio", "productName": "TFSA — Tax-Free Savings Account", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A flexible account where your investments grow completely tax-free, and withdrawals are not taxed. Can be used for both short- and long-term goals.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-wealth-management-ca", "provider": "ShariaPortfolio", "productName": "Wealth Management", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "spfunds-spsk-the-sp-funds-dow-jones-global-sukuk-etf", "provider": "SPFunds", "productName": "SP Funds Dow Jones Global Sukuk ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "SP Funds employs a Shariah Advisory Board that oversees the screening methodology applied to all ETFs in the family.", "shariahBoard": "third_party_certified", "description": "Diversify your fixed income exposure with sukuks, Islamic financial certificates", "website": "https://www.sp-funds.com/spsk/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "Fixed-income diversification via sukuk", "lastVerified": "2026-07-28", "ticker": "SPSK", "expenseRatio": "0.55%", "aum": "$0.5B", "verdict": { "slug": "spsk-etf", "entityName": "SP Funds Dow Jones Global Sukuk ETF (SPSK)", "verdict": "halal", "summary": "SPSK is Shariah-compliant and is one of the only U.S.-listed sukuk ETFs — a halal alternative to a conventional bond fund. It tracks the Dow Jones Sukuk Total Return Index, holding investment-grade, U.S. dollar-denominated sukuk (Islamic financial certificates structured to comply with Shariah). Because sukuk are compliant by definition, SP Funds states SPSK requires no purification.", "url": "https://www.halalwallet.ca/is-it-halal/spsk-etf", "lastReviewed": null } }, { "id": "spfunds-spus-the-sp-funds-sandp-500-sharia-industry-exclusions-etf", "provider": "SPFunds", "productName": "SP Funds S&P 500 Shariah Industry Exclusions ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "SP Funds employs a Shariah Advisory Board that oversees the screening methodology applied to all ETFs in the family.", "shariahBoard": "third_party_certified", "description": "Gain value-conscious exposure to an S&P 500 ETF composed to Sharia guidelines", "website": "https://www.sp-funds.com/spus/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "Low-cost passive halal index exposure", "lastVerified": "2026-07-28", "ticker": "SPUS", "expenseRatio": "0.45%", "aum": "$2.1B", "verdict": { "slug": "spus-etf", "entityName": "SP Funds S&P 500 Sharia ETF (SPUS)", "verdict": "halal", "summary": "SPUS is Shariah-compliant by design. It tracks a Shariah-screened version of the S&P 500 — holding the constituents that pass sector and AAOIFI financial-ratio screens (around 200+ companies), weighted by market cap — under the supervision of a Shariah board. It is the closest thing to a 'halal S&P 500'. As with any screened fund, a small residual amount of non-compliant income remains, which the fund discloses as a purification ratio (recently ~2% of dividends) for investors to donate.", "url": "https://www.halalwallet.ca/is-it-halal/spus-etf", "lastReviewed": "2026-06-15" } }, { "id": "spfunds-spre-the-sp-funds-sandp-global-reit-sharia-etf", "provider": "SPFunds", "productName": "SP Funds S&P Global REIT Shariah ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "SP Funds employs a Shariah Advisory Board that oversees the screening methodology applied to all ETFs in the family.", "shariahBoard": "third_party_certified", "description": "Provides value exposure to real estate asset class through Sharia-compliant REITs", "website": "https://www.sp-funds.com/spre/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "Shariah-compliant real estate exposure", "lastVerified": "2026-07-28", "ticker": "SPRE", "expenseRatio": "0.55%", "aum": "$0.2B", "verdict": { "slug": "spre-etf", "entityName": "SP Funds S&P Global REIT Sharia ETF (SPRE)", "verdict": "halal", "summary": "SPRE is Shariah-compliant by design. It tracks the S&P Global All Equity REIT Shariah Capped Index — Shariah-screened real estate investment trusts that meet sector, low-debt, permissible-income and cash-level criteria — giving Muslim investors halal real-estate exposure. SP Funds' Shariah screening runs through S&P Dow Jones's Shariah methodology (Ratings Intelligence + a Shariah Supervisory Board), and SP Funds publishes a quarterly purification factor for the small residual income.", "url": "https://www.halalwallet.ca/is-it-halal/spre-etf", "lastReviewed": null } }, { "id": "spfunds-spte-the-sp-funds-sandp-global-technology-etf", "provider": "SPFunds", "productName": "SP Funds S&P Global Technology ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "SP Funds employs a Shariah Advisory Board that oversees the screening methodology applied to all ETFs in the family.", "shariahBoard": "third_party_certified", "description": "Provides exposure to global technology companies through large and mid-cap stocks", "website": "https://www.sp-funds.com/spte/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "Halal technology sector exposure", "lastVerified": "2026-07-28", "ticker": "SPTE", "expenseRatio": "0.55%", "aum": "$0.1B", "verdict": { "slug": "spte-etf", "entityName": "SP Funds S&P Global Technology ETF (SPTE)", "verdict": "halal", "summary": "SPTE is Shariah-compliant by design. It gives Muslim investors screened, global technology exposure — tracking a Shariah-screened global technology index under SP Funds' S&P Dow Jones Shariah methodology (Ratings Intelligence + a Shariah Supervisory Board). Technology is where most of the compliant large-cap universe already sits, so SPTE concentrates that. SP Funds publishes a quarterly purification factor for the small residual income.", "url": "https://www.halalwallet.ca/is-it-halal/spte-etf", "lastReviewed": null } }, { "id": "spfunds-spwo-the-sp-funds-sandp-world-ex-us-etf", "provider": "SPFunds", "productName": "SP Funds S&P World ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "SP Funds employs a Shariah Advisory Board that oversees the screening methodology applied to all ETFs in the family.", "shariahBoard": "third_party_certified", "description": "Provides exposure to a broad range of international developed and emerging market companies", "website": "https://www.sp-funds.com/spwo/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "Broadest global halal equity exposure", "lastVerified": "2026-07-28", "ticker": "SPWO", "expenseRatio": "0.55%", "aum": "$0.1B", "verdict": { "slug": "spwo-etf", "entityName": "SP Funds S&P World ETF (SPWO)", "verdict": "halal", "summary": "SPWO is Shariah-compliant by design. It gives Muslim investors broad, screened global equity exposure — developed and emerging markets — under SP Funds' S&P Dow Jones Shariah methodology (Ratings Intelligence + a Shariah Supervisory Board). It is effectively a 'halal world stock' fund for diversification beyond the U.S. SP Funds publishes a quarterly purification factor for the small residual income.", "url": "https://www.halalwallet.ca/is-it-halal/spwo-etf", "lastReviewed": null } }, { "id": "wahed-wahed-dow-jones-islamic-world-etf-umma", "provider": "Wahed", "providerProfileUrl": "https://www.halalwallet.ca/providers/wahed", "productName": "Wahed Dow Jones Islamic World ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "Wahed operates under a Shariah Supervisory Board composed of multiple Islamic finance scholars who review investment strategies and approve portfolios for Sharia compliance.", "shariahBoard": "third_party_certified", "description": "Exposure to Shariah-compliant international (non-US) equities across developed and emerging markets", "website": "https://www.wahed.com/umma", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "International (non-US) halal equity exposure", "lastVerified": "2026-07-28", "ticker": "UMMA", "expenseRatio": "0.65%", "aum": "$0.2B", "verdict": { "slug": "umma-etf", "entityName": "Wahed Dow Jones Islamic World ETF (UMMA)", "verdict": "halal", "summary": "UMMA is Shariah-compliant by design. Managed by Wahed, it is an actively managed ETF giving Muslim investors screened international (ex-U.S.) equity exposure across developed and emerging markets, tracking the Dow Jones Islamic Market International Titans 100 Index. It is certified to AAOIFI standards by the Shariyah Review Bureau (debt under 30% of assets, cash + interest-bearing securities under 30%, non-permissible income under 5%), and Wahed publishes an annual purification amount. It is the international complement to Wahed's U.S. fund, HLAL.", "url": "https://www.halalwallet.ca/is-it-halal/umma-etf", "lastReviewed": null } }, { "id": "wahed-wahed-ftse-usa-shariah-etf-hlal", "provider": "Wahed", "providerProfileUrl": "https://www.halalwallet.ca/providers/wahed", "productName": "Wahed FTSE USA Shariah ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "Wahed operates under a Shariah Supervisory Board composed of multiple Islamic finance scholars who review investment strategies and approve portfolios for Sharia compliance.", "shariahBoard": "third_party_certified", "description": "Get passive index exposure to US Shariah-compliant stocks", "website": "https://www.wahed.com/hlal", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "US halal equity with strong brand recognition", "lastVerified": "2026-07-28", "ticker": "HLAL", "expenseRatio": "0.50%", "aum": "$752M", "verdict": { "slug": "hlal-etf", "entityName": "Wahed FTSE USA Shariah ETF (HLAL)", "verdict": "halal", "summary": "HLAL is Shariah-compliant by design. Managed by Wahed, it tracks the FTSE USA Shariah Index — a screened, broad U.S. large/mid-cap basket (~200+ holdings) that removes impermissible sectors and companies breaching the financial-ratio limits — under Wahed's Shariah supervisory board. It is heavily technology-weighted and is one of the two default halal U.S. equity ETFs alongside SPUS. A published purification ratio handles the small residual non-compliant income.", "url": "https://www.halalwallet.ca/is-it-halal/hlal-etf", "lastReviewed": "2026-06-15" } }, { "id": "wealthsimple-wealthsimple-shariah-world-equity-index-etf-wshr", "provider": "Wealthsimple", "providerProfileUrl": "https://www.halalwallet.ca/providers/wealthsimple", "productName": "Wealthsimple Shariah World Equity Index ETF", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "ETF", "structure": "Index-based", "shariahOversight": "third_party_certified", "shariahOversightSummary": "Wealthsimple offers halal investment portfolios but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification at the company level.", "shariahBoard": "Ratings Intelligence Partners", "description": "WSHR is the only Shariah-compliant ETF listed on a Canadian exchange (Cboe Canada). It tracks the Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index — roughly 160 developed-market stocks screened by Ratings Intelligence Partners, weighted by risk rather than market cap. Trading in Canadian dollars means no currency conversion on purchase and no US dividend withholding tax inside a TFSA, FHSA, or RESP.", "website": "https://www.wealthsimple.com/en-ca/quote/neo/wshr", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "bestFor": "The only Canadian-listed halal ETF — CAD-denominated core holding with no US withholding tax drag in a TFSA", "lastVerified": "2026-07-29", "ticker": "WSHR", "expenseRatio": "0.50%", "aum": "C$480M", "verdict": { "slug": "wshr-etf", "entityName": "Wealthsimple Shariah World Equity Index ETF (WSHR)", "verdict": "halal", "summary": "WSHR is Shariah-compliant by design and is the only halal ETF listed on a Canadian exchange. Managed by Mackenzie Investments for Wealthsimple, it tracks the Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index — a screened basket of roughly 160 developed-market stocks selected for quality and low volatility, weighted by risk rather than market cap. The fund and index are certified by Ratings Intelligence Partners, an annual Shariah audit is published, and quarterly dividend purification ratios are disclosed.", "url": "https://www.halalwallet.ca/is-it-halal/wshr-etf", "lastReviewed": "2026-07-29" } }, { "id": "zoya-sharia-compliance-investment-screening", "provider": "Zoya", "productName": "Sharia Compliance Investment Screening", "category": "Investing", "categoryHubUrl": "https://www.halalwallet.ca/investing", "productType": "Stock Screener", "shariahOversight": "named_scholar", "shariahOversightSummary": "Zoya’s screening methodology is developed under the guidance of named Shariah advisors, including Sheikh Joe Bradford and Sheikh Umer Khan.", "shariahBoard": "Named Scholar", "website": "https://zoya.finance", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "manzil-lira-locked-in-retirement-account", "provider": "Manzil", "productName": "LIRA — Locked-In Retirement Account", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A retirement account that holds pension funds from a previous employer, with restrictions on when and how funds can be withdrawn.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-rrif-registered-retirement-income-fund", "provider": "Manzil", "productName": "RRIF — Registered Retirement Income Fund", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "An account used after retirement to convert your savings (typically from an RRSP) into regular income, with required minimum withdrawals.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "manzil-rrsp-registered-retirement-savings-plan", "provider": "Manzil", "productName": "RRSP — Registered Retirement Savings Plan", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards, with external independent review by Mufti Ebrahim Desai (Darul Iftaa Mahmudiyyah) for home financing. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "A tax-deferred retirement account that helps you save for the future while reducing your taxable income today. Investments grow tax-free until withdrawal.", "website": "https://manzil.io/signup", "nationwide": false, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-ipp-individual-pension-plan", "provider": "ShariaPortfolio", "productName": "IPP — Individual Pension Plan", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A defined benefit pension plan set up by a corporation for a business owner or key employee.\r\nIt allows for higher, tax-deferred retirement contributions than an RRSP, typically used by incorporated professionals.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-lira-locked-in-retirement-account", "provider": "ShariaPortfolio", "productName": "LIRA — Locked-In Retirement Account", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A retirement account that holds pension funds from a previous employer, with restrictions on when and how funds can be withdrawn.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-ppp-personal-pension-plan", "provider": "ShariaPortfolio", "productName": "PPP — Personal Pension Plan", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A custom retirement plan (often structured like an enhanced RRSP/IPP hybrid) designed for business owners.\r\nIt offers more flexibility and potential tax advantages, sometimes including investment control and creditor protection.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-rrif-registered-retirement-income-fund", "provider": "ShariaPortfolio", "productName": "RRIF — Registered Retirement Income Fund", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "An account used after retirement to convert your savings (typically from an RRSP) into regular income, with required minimum withdrawals.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "shariaportfolio-rrsp-registered-retirement-savings-plan", "provider": "ShariaPortfolio", "productName": "RRSP — Registered Retirement Savings Plan", "category": "Retirement", "categoryHubUrl": "https://www.halalwallet.ca/retirement", "shariahOversight": "third_party_certified", "shariahOversightSummary": "ShariaPortfolio Canada provides Sharia screening and compliance review for investment portfolios and issues formal Sharia compliance opinions (fatwas).", "shariahBoard": "Third Party Certified", "description": "A tax-deferred retirement account that helps you save for the future while reducing your taxable income today. Investments grow tax-free until withdrawal.", "website": "https://shariaportfolio.ca/get-started/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-28" }, { "id": "halal-car-financing-auto-financing", "provider": "Halal Car Financing", "providerProfileUrl": "https://www.halalwallet.ca/providers/halal-car-financing", "productName": "Auto Financing", "category": "Vehicle Financing", "categoryHubUrl": "https://www.halalwallet.ca/auto-financing", "shariahOversight": "no_public_review", "shariahOversightSummary": "Halal Car Financing describes its vehicle financing as Sharia-compliant and references scholar approval, but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "website": "https://www.halalcarfinancing.ca", "nationwide": false, "stateCount": 1, "states": [ "AB" ], "lastVerified": "2026-07-29" }, { "id": "ijaracdc-auto-financing", "provider": "IjaraCDC", "providerProfileUrl": "https://www.halalwallet.ca/providers/ijaracdc", "productName": "Auto Financing", "category": "Vehicle Financing", "categoryHubUrl": "https://www.halalwallet.ca/auto-financing", "productType": "Auto Conversion", "structure": "Ijara", "structureSlugs": [ "ijara" ], "shariahOversight": "formal_board", "shariahOversightSummary": "Sharia Advisory Board chaired by Mufti Muneer Akhoon.\nShaykh Mufti Mohammed-Umer Esmail serves as advisor.", "shariahBoard": "formal_board", "description": "Auto Conversion Program (Canada): converts an existing interest-bearing car loan into a riba-free Ijara (rent-on-property) structure — the car is placed in a trust and the loan restructured, with the same payment and term. One-time $349 fee plus $10/month admin fee. Not purchase financing: IjaraCDC's own site lists \"Islamic Auto Finance\" as coming soon and not currently available.", "website": "https://form.jotform.com/261095455011450", "nationwide": true, "stateCount": 13, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE", "NT", "NU", "YT" ], "founded": 2005, "bestFor": "Converting an existing car loan to a halal structure", "lastVerified": "2026-07-28", "vehicleTypes": [ "Conversion of existing auto loans (any vehicle with a loan)" ], "minDownPayment": "N/A — converts your existing loan", "maxLoanAmount": "N/A — wraps your existing loan", "termOptions": [ "Keeps your existing loan's rate and term" ], "minCreditScore": "No minimum (no credit check required)" }, { "id": "muevmnt-financial-auto-financing", "provider": "Muevmnt Financial", "providerProfileUrl": "https://www.halalwallet.ca/providers/muevmnt-financial", "productName": "Auto Financing", "category": "Vehicle Financing", "categoryHubUrl": "https://www.halalwallet.ca/auto-financing", "shariahOversight": "no_public_review", "shariahOversightSummary": "No publicly disclosed Sharia advisory board, named scholar, or third-party certification was identified.", "shariahBoard": "No Public Review", "website": "https://muevmnt.ca/apply-now/", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29" }, { "id": "basira-islamic-foundation-wills", "provider": "Basira Islamic Foundation", "providerProfileUrl": "https://www.halalwallet.ca/providers/basira-islamic-foundation", "productName": "Islamic Will", "category": "Wills & Estate Planning", "categoryHubUrl": "https://www.halalwallet.ca/estate-planning", "shariahOversight": "no_public_review", "shariahBoard": "No Public Review", "description": "Free online Islamic will generator run by a registry-verified Calgary charity. A guided flow embeds the full classical faraid case tables into a print-and-sign will, with province-specific signing instructions for Ontario, British Columbia, and Alberta.", "website": "https://freeislamicwill.ca/create", "nationwide": false, "stateCount": 10, "states": [ "ON", "QC", "BC", "AB", "MB", "SK", "NS", "NB", "NL", "PE" ], "lastVerified": "2026-07-29", "pricing": "Free (optional $10 donation)" }, { "id": "lerners-estate-wills", "provider": "Lerners Estate", "providerProfileUrl": "https://www.halalwallet.ca/providers/lerners-estate", "productName": "Islamic Will", "category": "Wills & Estate Planning", "categoryHubUrl": "https://www.halalwallet.ca/estate-planning", "shariahOversight": "no_public_review", "shariahOversightSummary": "Lerners Estate offers Islamic will drafting services aligned with Sharia principles but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "website": "https://lerners.ca/insights/estate-planning-fundamentals-for-muslims-what-is-an-islamic-will", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "lastVerified": "2026-07-29" }, { "id": "manzil-wills-islamic-will-ca", "provider": "Manzil", "productName": "Manzil Wills — Islamic Will", "category": "Wills & Estate Planning", "categoryHubUrl": "https://www.halalwallet.ca/estate-planning", "structure": "Islamic Will", "shariahOversight": "formal_board", "shariahOversightSummary": "Manzil's products are certified by its internal Shariah Supervisory Board, whose governance adheres to AAOIFI standards. Manzil is Canada's first AAOIFI member and publishes its Shariah compliance certificates in English, French, and Arabic at manzil.co/ca/certifications.", "shariahBoard": "Formal Board", "description": "Online Shariah-compliant will builder from Canada's first AAOIFI-member fintech: a legally valid will with Faraid distribution, madhhab selection, funeral and burial wishes, plus incapacity (POA) and living-will provisions, generated in about 20 minutes.", "website": "https://www.manzil.co/ca/wills", "nationwide": true, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "bestFor": "An Islamic will backed by formal AAOIFI-aligned Shariah governance", "lastVerified": "2026-07-28", "serviceType": [ "Will", "Power of Attorney", "Living Will" ], "pricing": "$99–$149 CAD", "islamicFeatures": [ "Faraid distribution", "Madhhab selection", "Funeral & burial wishes", "Asset list template" ], "lawyerReview": false }, { "id": "myamana-islamic-will-ca", "provider": "MyAmana", "productName": "Islamic Will & Power of Attorney", "category": "Wills & Estate Planning", "categoryHubUrl": "https://www.halalwallet.ca/estate-planning", "structure": "Islamic Will", "shariahOversight": "no_public_review", "shariahOversightSummary": "MyAmana states its documents are reviewed by qualified Islamic scholars and Canadian estate lawyers, but does not publicly name the scholars or publish a certification, so we classify oversight as not publicly reviewable.", "shariahBoard": "No Public Review", "description": "Online Sharia-compliant wills and powers of attorney with a built-in Islamic inheritance calculator, stated review by Islamic scholars and Canadian estate lawyers, two years of unlimited updates, and document storage.", "website": "https://myamana.ca", "nationwide": true, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "bestFor": "Wills plus POA with a built-in inheritance calculator and 2 years of updates", "lastVerified": "2026-07-29", "serviceType": [ "Will", "Power of Attorney" ], "pricing": "From $89 CAD", "islamicFeatures": [ "Sharia-compliant inheritance calculator", "Faraid-aligned distribution", "Unlimited updates for 2 years" ], "lawyerReview": false }, { "id": "shuter-law-wills", "provider": "Shuter Law", "providerProfileUrl": "https://www.halalwallet.ca/providers/shuter-law", "productName": "Islamic Will", "category": "Wills & Estate Planning", "categoryHubUrl": "https://www.halalwallet.ca/estate-planning", "shariahOversight": "no_public_review", "shariahOversightSummary": "Shuter Law offers Islamic will drafting services aligned with Sharia principles but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "website": "https://shuterlaw.com/islamic-wills/", "nationwide": false, "stateCount": 1, "states": [ "ON" ], "lastVerified": "2026-07-29" }, { "id": "wassiya-islamic-will-ca", "provider": "Wassiya", "productName": "Islamic Will Generator", "category": "Wills & Estate Planning", "categoryHubUrl": "https://www.halalwallet.ca/estate-planning", "structure": "Islamic Will", "shariahOversight": "no_public_review", "shariahOversightSummary": "Wassiya generates wills aligned with Islamic inheritance principles but does not publicly disclose a Sharia advisory board, named scholar, or third-party certification.", "shariahBoard": "No Public Review", "description": "Guided online Islamic will package for Canadian families: heirs, assets, debts, bequests (up to one-third), executors, and guardians, generated as a holograph or witnessed will with province-specific signing guidance.", "website": "https://wassiya.ca", "nationwide": true, "stateCount": 13, "states": [ "AB", "BC", "MB", "NB", "NL", "NS", "NT", "NU", "ON", "PE", "QC", "SK", "YT" ], "bestFor": "The lowest-cost complete Islamic will package in Canada", "lastVerified": "2026-07-29", "serviceType": [ "Will", "Power of Attorney" ], "pricing": "$40–$56 CAD", "islamicFeatures": [ "Faraid-aligned distribution", "Bequests capped at one-third", "Funeral & religious instructions", "Personal letters & naseeha" ], "lawyerReview": false } ], "totalRecords": 89 }