Hands-off halal investing
Went with ShariaPortfolio for managed halal investing. They built a diversified portfolio based on my risk profile and handle all the screening. Hands-off which is what I wanted.

Halal Investing in British Columbia
ShariaPortfolio Canada, launched in 2017, calls itself Canada's only licensed portfolio management firm fully dedicated to Sharia-compliant investing. Advisors in BC, Alberta, Ontario, and Quebec build active or passive managed portfolios under AAOIFI rules - screened equities, sukuk, and Islamic funds only, with the group's stricter exclusion list that also bars music, cinema, and broadcasting - across the full Canadian registered-account stack: RRSP, TFSA, RESP, RRIF, LIRA, FHSA, and rare halal IPP/PPP wrappers. Custody sits at Fidelity Clearing Canada ULC, service runs in English, French, and Arabic, and a mobile app covers accounts and portfolios. Fees and minimums are not published.
ShariaPortfolio Canada offers the widest halal account coverage of any Canadian provider - it is the rare firm that will run an AAOIFI-screened FHSA, IPP, or PPP, not just the standard TFSA/RRSP pair - with active and passive managed strategies and custody at Fidelity Clearing Canada. The group's religious oversight is anchored by Shaykh Umer Khan, a mufti with a Wharton Master's in Finance, and its screening applies a stricter exclusion list than most competitors, barring music, cinema, and broadcasting alongside the standard prohibitions. The public listing is light on the two numbers that matter - fees and minimums - so a direct conversation is the necessary first step, and the named advisor bench sits in BC, Alberta, Ontario, and Quebec. Best for Canadian investors who want one advisor relationship covering every account type, managed halal.
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Screening Method
AAOIFI - under 5% impure revenue; interest-bearing debt below 30-33% of market cap; music/cinema/broadcasting excluded
ShariaPortfolio's Wealth Management is available to investors in British Columbia, structured as a Wealth Management. ShariaPortfolio serves 4 provinces, including British Columbia.
ShariaPortfolio manages all portfolios - Canadian accounts included - under AAOIFI rules, and the group's religious oversight is anchored by Shaykh Umer Khan, Sharia Advisor since October 2022. His credentials are unusually deep for the role: Shahadah al-'Alimiyyah from Al-Salam Institute, ifta' (the license to issue Islamic legal verdicts) from Darulifta Birmingham - carrying the title of mufti - plus a Master's in Finance from Wharton and a second Master's in Islamic Finance. Fund-level attestation exists for the affiliated SP Funds ETFs, each of which publishes a Certificate of Sharia Accreditation and a Sharia Auditor Report. The honest gap: neither shariaportfolio.com nor shariaportfolio.ca names a standing multi-member Shariah supervisory board - governance runs through AAOIFI adherence, one named advisor, and per-fund certificates. ShariaPortfolio Canada's own team (Anis Rahman, Siddiq Mohamed, Irfan Chaudhry CFA) fronts client education, not religious rulings.
2026-08-05
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4 verified reviews
Went with ShariaPortfolio for managed halal investing. They built a diversified portfolio based on my risk profile and handle all the screening. Hands-off which is what I wanted.
The portfolio construction is thoughtful and the compliance documentation is thorough. Transparently managed - you can see exactly what you're invested in and why it's halal.
Good service. Fees are reasonable for active management. Performance has been in line with my expectations. Nothing flashy, just consistent halal investing.
See how your halal investments could grow over time
Total Value
$343,778
Contributed
$130,000
Growth
$213,778
Hypothetical projection. Past performance does not guarantee future results.
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Co-Founder, HalalWallet
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