Assad Wealth Management A Donor-Advised Fund (DAF)

Halal Investing in Quebec

Assad Wealth's Halal Donor-Advised Fund - marketed as Canada's first and only - is a charitable giving account: contribute cash or securities, receive an immediate tax receipt through Charitable Impact Foundation (CHIMP), an MNP-audited Canadian public foundation that handles administration and receipting, and let Assad Wealth manage the balance under its published DJIM-style halal screens until you grant it to registered charities on your own timeline. Assad frames it Islamically as a private waqf and sadaqa jariah vehicle with family naming or anonymity options. Neither CHIMP's administration fees nor Assad's management fees are published, and no minimum contribution is stated.

A donor-advised fund is a smart structure for planned giving - contribute now for the immediate tax receipt, let the assets grow tax-free, and grant to charities over time - and Assad offers it within a Shariah-compliant investment approach with credible administrative plumbing through the MNP-audited Charitable Impact Foundation. The gaps sit on the religious and cost sides: no scholar or board is named for the DAF specifically, and neither of the two fee layers (CHIMP administration, Assad management) is published, nor is a minimum contribution. Careful donors should probe all three before funding. Best for affluent Canadian Muslim families and business owners who want to organize long-term charitable giving - a family waqf-style fund - through one tax-receipted vehicle.