Muevmnt Financial Business Financing

Halal Business Financing in New Brunswick

Muevmnt Financial offers halal-positioned business financing for Canadian entrepreneurs: funding from $5,000 to $500,000 at up to 75% loan-to-value, with pre-approvals in 1-2 business days on approved credit and a direct online application. The structure is described only as 'profit-sharing and asset-based models' - language consistent with musharakah or murabaha, but no contract type is named, and no rates, profit markups, or fee schedules are published anywhere on the site. Critically, no Sharia board, scholar, fatwa, or certification is disclosed either, so the halal status is entirely self-asserted and needs independent verification.

Muevmnt Financial offers halal-positioned business financing across all 10 Canadian provinces with a straightforward online application and unusually clear headline terms for the category: $5,000 to $500,000, up to 75% LTV, pre-approvals in 1-2 business days. The problem is everything behind the headline. A full-site crawl found no named Sharia scholar, no supervisory board, no fatwa, no compliance certificate, and no reference to AAOIFI or any standards body - the structure is described only as 'profit-sharing and asset-based models' without naming a contract type, and no rates or fees are published. Treat the application as the start of your due diligence rather than the end: get the specific contract in writing and have it reviewed by a qualified scholar. May suit entrepreneurs who want a riba-free option and will verify the structure themselves.