Manzil Business Account (Non-Registered)

Halal Investing in Nunavut

Manzil's business account gives incorporated owners a halal home for surplus corporate cash that would otherwise sit in an interest-bearing account: a corporate investment account with no contribution limits or lock-in, where Corex Financial builds a custom AAOIFI-screened portfolio around the business's timeline. It suits reserves earmarked for tax payments or future expansion - capital that should be working but must stay reachable. Investment income is taxable to the business, and the portfolio draws only from Manzil's screened equity and income buckets, with no bonds, GICs, or interest instruments. Assets are held with CIRO-member custodians covered by CIPF.

Muslim business owners with idle corporate cash have few halal options in Canada - conventional corporate savings accounts pay interest, and most investment dealers have no Shariah-screened corporate offering at all. Manzil's business account lets a company invest surplus funds to AAOIFI standards under a named three-scholar Shariah board, with Corex Financial building the portfolio around the business's cash-flow timeline. Returns are taxable to the business, choices are limited to Manzil's managed lineup, and the Canadian fee schedule is unpublished, so confirm pricing before moving corporate reserves. Best for incorporated owners and professionals who want retained earnings working halal instead of generating riba in a deposit account.