Manzil TFSA - Tax-Free Savings Account

Halal Investing in Quebec

Manzil's TFSA puts Canada's most flexible tax shelter to work in AAOIFI-certified halal portfolios: all investment growth and withdrawals are completely tax-free, 2026 contribution room is $7,000 (lifetime room $109,000 for those eligible since 2009), and withdrawn amounts are restored to your room the following calendar year. Corex Financial manages the underlying portfolio - no bonds, GICs, or interest instruments - under Manzil's named three-scholar Shariah Supervisory Board. There is no upper age limit, and assets are held with CIRO-member custodians covered by CIPF.

A TFSA is the natural first account for most Canadian investors, and Manzil's version keeps every dollar of tax-free growth inside AAOIFI-certified halal portfolios managed by Corex Financial. The wrapper mechanics are standard - $7,000 of new room in 2026, withdrawals restored the next calendar year, no tax ever on growth - but the contents are what matter: screened equities and halal income assets instead of the interest-bearing funds most TFSA providers default to, certified by a named three-scholar Shariah board. You work within CRA limits and Manzil's managed lineup rather than picking your own securities, and Canadian fees are unpublished, so confirm pricing at signup. Best for Canadians who want their most tax-efficient account invested halal without managing it themselves.