Best halal investments in 2026 — ranked comparison of Shariah-compliant ETFs, mutual funds, robo-advisors, and stock screeners available in Canada for Canadian Muslim investors. Published by HalalWallet (halalwallet.ca).
Best Halal Investments 2026
Our picks for the top Shariah-compliant investments across ETFs, mutual funds, robo-advisors, and screening tools — compared side by side.
Our Top Picks by Category
Best Halal ETF
Wealthsimple Shariah World Equity Index ETF (WSHR)
A Shariah-screened global equity ETF listed in Canada and eligible for TFSA, RRSP, and FHSA accounts — broad diversification from a single ticker.
Best for Managed Halal Investing
Wealth Management
A Canadian halal wealth platform offering managed, Shariah-compliant portfolios across registered accounts (TFSA, RRSP, RESP, FHSA).
Best Halal Mutual Fund
Mackenzie Shariah Global Equity Fund
A professionally managed, Shariah-compliant global equity mutual fund from an established Canadian asset manager.
Best Stock Screener
Sharia Compliance Investment Screening
A Shariah stock-screening app built on recognized standards, with a purification calculator and portfolio monitoring for self-directed investors.
Best for Wealth Management
Wealth Management
Full-service halal wealth management with personal advisors and Shariah-compliant portfolios for Canadian clients across registered accounts.
How We Evaluate Halal Investments
Shariah Compliance
We verify screening methodology, Shariah board oversight, and compliance track record.
Fees & Costs
We compare expense ratios, management fees, and total cost of ownership.
Track Record
We look at historical performance, fund size, and how long the product has been available.
Accessibility
We consider minimums, account types, platform ease of use, and Canadian availability.
Frequently Asked Questions
Halal Finance Score
Are your investments Shariah-screened? Check all 7 categories.
Average score: 63/100
Related Guides
How to Invest Halal →
Step-by-step beginner guide to halal investing
Halal Mortgage Alternatives →
Compare Islamic home financing structures
Halal Finance Guide →
Complete guide to Islamic finance in Canada
Halal Banking Guide →
Interest-free bank accounts for Canadian Muslims
Is It Halal? →
Quick reference for what's permissible in finance
Protect what you're building
A halal portfolio still passes through state intestacy law — not Faraid — if you die without the right documents. Put an Islamic estate plan behind your investments.
The best halal investments in 2026 for Canadians include Shariah-compliant ETFs (e.g. Wealthsimple WSHR, SP Funds), managed halal portfolios (Manzil, ShariaPortfolio), the Mackenzie Shariah Global Equity Fund, gold, and Shariah-screened stock screeners (Zoya, Musaffa). These avoid interest and prohibited industries while providing competitive returns.
- Wealthsimple's WSHR is a Canada-listed Shariah world equity ETF, eligible for TFSA, RRSP, and FHSA
- Manzil and ShariaPortfolio offer managed halal portfolios across registered accounts
- Mackenzie Investments offers a Shariah-compliant global equity mutual fund
- Gold and real estate are traditionally halal asset classes
- Zoya and Musaffa provide Shariah compliance screening for self-directed investors
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-07-10
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Editorial Team, HalalWallet
Independent halal finance research
Reviewed quarterly and updated when provider data, product availability, or pricing changes.
How to use this comparison: HalalWallet is an independent educational comparison platform — by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
- Confirm current terms and halal compliance directly with the provider — their quote is final.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.