Skip to main content
HalalWallet is now on iOS & Android- budgeting, zakat & major-purchase planning
Investing comparison

global growth assets vs ShariaPortfolio

global growth assets and ShariaPortfolio both offer investing - global growth assets in all of Canada, ShariaPortfolio in 4 provinces. This page lines up 15 listed data points side by side, with 7 differences, so you can see exactly where they part ways before you request quotes.

Built from each provider's listed data · provider data last verified Aug 2026

At a glance

  • global growth assets lists all of Canada; ShariaPortfolio lists 4 provinces.
  • global growth assets uses Mutual Funds; ShariaPortfolio uses Wealth Management.
  • Shariah oversight: global growth assets discloses Named Scholar; ShariaPortfolio discloses Third-Party Certified.
  • HalalWallet Index: global growth assets holds a B-; ShariaPortfolio holds a B-.
  • On measurable rows, global growth assets has the better listed value on 1 and ShariaPortfolio on 0.
  • They differ on 7 of the 15 data points we list for investing.

No editorial verdict has been written for this pair yet. The side-by-side below is the full data view; where we have written one, you'll find it under Compare.

global growth assets vs ShariaPortfolio: the full side-by-side

15 data points from each provider's published materials, lined up row by row. They differ on 7.

global growth assets - halal finance provider logo

global growth assets

Pays us: No. global growth assets pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
ShariaPortfolio - halal finance provider logo

ShariaPortfolio

Pays us: No. ShariaPortfolio pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

15 of 15 rows

Availability
  • Provinces covered

    global growth assets: All of Canada Edge
    ShariaPortfolio: 4 provinces
Costs
  • Expense ratio

    global growth assets: 2.79% MER
    ShariaPortfolio: Not listed
  • Management fee

    global growth assets: 2.45%
    ShariaPortfolio: Not listed
  • Minimum investment

    global growth assets: $500 initial / $25 subsequent
    ShariaPortfolio: Not listed
Shariah
  • Structure

    global growth assets: Mutual Funds
    ShariaPortfolio: Wealth Management
  • Shariah oversight

    global growth assets: Named Scholar
    ShariaPortfolio: Third-Party Certified
  • Shariah board / scholar

    global growth assets: Named Scholar
    ShariaPortfolio: Third Party Certified
  • Published fatwa / certificate

    Same
    global growth assets: No
    ShariaPortfolio: No
  • Screening standard

    global growth assets: Dow Jones Islamic Market Titans 100 screens (Ratings Intelligence) plus local IFAB review
    ShariaPortfolio: AAOIFI - under 5% impure revenue; interest-bearing debt below 30-33% of market cap; music/cinema/broadcasting excluded
Products
  • Products listed

    global growth assets: Global Iman Fund
    ShariaPortfolio: Personal Account (Non-Registered), Joint Account (Non-Registered), FHSA - First Home Savings Account, Wealth Management, TFSA - Tax-Free Savings Account, RESP - Registered Education Savings Plan
  • Best for

    global growth assets: Canadian mutual fund investors who prioritize a long track record and named, annually renewed Shariah oversight over cost - and who accept a concentrated mega-cap tech tilt and the absence of published purification data.
    ShariaPortfolio: Investors who have maxed their TFSA, RRSP, and FHSA room - or who want unrestricted access to their money - and still want every dollar managed under AAOIFI screening.
  • Product types

    global growth assets: Mutual Fund
    ShariaPortfolio: Not listed
  • Holdings

    global growth assets: 23
    ShariaPortfolio: Not listed
Track record
  • HalalWallet Index grade

    Same
    global growth assets: B-
    ShariaPortfolio: B-
  • Assets under management

    global growth assets: $244M
    ShariaPortfolio: Not listed

Edge marks the side with the better listed number on measurable rows (lower fee, wider coverage, higher grade). It is not a verdict - a provider can win more rows and still be the wrong fit for you.

Strengths and trade-offs

global growth assets

  • Disclosed Shari'ah oversight: two named advisory boards and a fatwa renewed June 17, 2026
  • 17-year track record - Series A running since March 2009, with 10-year annualized returns of 14.75% to April 2026
  • Low $500 minimum, $25 subsequent - accessible in mutual fund format with PACs
  • Available across all 10 provinces through ~30 dealers and all major registered plans (RRSP/TFSA/RESP/RRIF/LIRA/LIF)
  • FundGrade A+ award winner six consecutive years
  • Expensive: 2.79% MER (2.45% management fee) versus roughly 0.5% for halal ETFs like WSHR
  • Concentrated: 23 holdings with 66% in the top 10, and 44% in information technology
  • No published purification data - investors cannot compute dividend purification from public documents
  • The fatwa is published only as a scanned document, and parts of the site carry stale marketing content

ShariaPortfolio

  • Full flexibility - no contribution limits or withdrawal restrictions
  • Portfolios screened with formal Sharia compliance opinions
  • Choice of active portfolio management or a passive halal ETF strategy
  • Custody at Fidelity Clearing Canada ULC, a CIRO-regulated custodian in the Fidelity group
  • Joint ownership and access for two or more investors
  • No tax advantages - gains and income are taxed annually
  • Third-party certification rather than an in-house formal Shariah board
  • No fees or minimums published - confirm pricing in the initial consultation
  • Non-registered, so investment income is taxable
  • Third-party certification rather than a formal in-house Shariah board

Products behind the numbers

Where a row shows more than one value, it is because the provider lists several investing products. Each is tagged.

global growth assets (1)

  • Global Iman Fund

ShariaPortfolio (6)

  • Personal Account (Non-Registered)Details
  • Joint Account (Non-Registered)Details
  • FHSA - First Home Savings AccountDetails
  • Wealth ManagementDetails
  • TFSA - Tax-Free Savings AccountDetails
  • RESP - Registered Education Savings PlanDetails
global growth assets - halal finance provider logo

global growth assets

Pays HalalWallet: No. global growth assets pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Visit global growth assets Full review
ShariaPortfolio - halal finance provider logo

ShariaPortfolio

Pays HalalWallet: No. ShariaPortfolio pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Visit ShariaPortfolio Full review

Swap a provider

Keep one side and compare it against another investing provider.

Not sure which is right? Compare all investing providers.

Browse all Investing options

How do global growth assets and ShariaPortfolio compare for investing?

global growth assets and ShariaPortfolio both offer investing - global growth assets in all of Canada, ShariaPortfolio in 4 provinces. This page lines up 15 listed data points side by side, with 7 differences, so you can see exactly where they part ways before you request quotes.

  • global growth assets lists all of Canada; ShariaPortfolio lists 4 provinces.
  • global growth assets uses Mutual Funds; ShariaPortfolio uses Wealth Management.
  • Shariah oversight: global growth assets discloses Named Scholar; ShariaPortfolio discloses Third-Party Certified.

Source: HalalWallet (halalwallet.ca)

Get an email when rates change - global growth assets vs ShariaPortfolio

We'll email you only when global growth assets or ShariaPortfolio changes rates, fees, or province availability.

We only email you when something in this comparison actually changes.

Stay Updated

Get halal investment insights and fund launches

No spam ever. Unsubscribe in one click.

Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-08-05

How to cite this page

Preferred format (HTML):

According to HalalWallet (“global growth assets vs ShariaPortfolio”, https://www.halalwallet.ca/compare/global-growth-assets-vs-shariaportfolio, retrieved 2026-11-14).

For time-sensitive claims (rates, fees, province availability), please verify directly with the provider's official documentation and note the retrieval date.

What HalalWallet is and is not

Scholars rule; we organize the evidence. HalalWallet is an independent research and comparison site for halal financial products. It is not a lender, bank, broker or adviser, and it is not a fatwa body.

What we do

  • We document each product's contract, Shariah oversight, costs and availability, with the date we last checked.
  • We show the range of scholarly opinion on contested questions, with sources.

What we do not do

  • We do not lend, hold money, open accounts or take applications. You apply with the provider.
  • We do not issue fatwas or certify any product as halal. Rulings belong to a scholar you trust.
  • We do not give personal financial, legal or tax advice.

Where our role ends and who takes over · Who pays HalalWallet · HalalWallet Trust Standard, version 1.0

Before you decide, finish with three checks:

  • Confirm current terms and halal compliance directly with the provider. Their quote is final.
  • Read the contract structure (Murabaha, Ijara, Musharakah and so on) and any published Shariah board opinion.
  • Bring your shortlist to a qualified scholar or licensed adviser, so the conversation is about your situation, not the basics.

Spot an error? Report a correction · How we handle corrections