Aya Financial Review
Co-Founder & CEO, HalalWallet
Reviewed quarterly and updated when provider terms, ratings, or coverage change.
Aya Financial is in HalalWallet's independent directory with 1 product we currently list in Home Financing, using Musharaka. We do not invent a contract structure when the listing does not name one. Confirm terms and Shariah documentation with Aya Financial.
Opens provider's site - no obligation
HalalWallet is an independent, education-only comparison site. Some outbound links earn referral fees.Advertiser disclosure
Important: HalalWallet is not a lender, mortgage broker, loan originator, or settlement agent. We are an educational comparison site and do not originate applications on your behalf.
Items marked “Featured” may include paid placement in that module. Where you control sort order (tables, filters), your selection applies.
Referral fees typically come from the provider's marketing budget and should not increase what you pay - you should receive the same terms as visiting providers directly; confirm with the provider. How we make money · Methodology · Legal disclosures
HalalWallet 2026 Review
Aya Financial - At a Glance
1
Products Reviewed
1
Provinces Served
1
Category
Shariah Compliance Review
Oversight Level
Formal Shariah Board - highest level of independent oversight
AYA Financial maintains an Islamic Finance Advisory Board composed of multiple scholars, including Dr. Mohammad Iqbal Masood al-Nadvi, Dr. Hamid Slimi, and Shaikh Mohamed Nafis Bhayat, who review and endorse its financial products.
Shariah compliance should always be verified directly with Aya Financial. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
Bottom Line
Review the products listed above and compare Aya Financial with other providers. Confirm terms and Shariah documentation directly with Aya Financial.
Products from Aya Financial
Aya Financial
Home Financing
Aya Financial's Home Financing Program is a declining-balance (Musharakah Mutanaqisah) arrangement run from Markham, Ontario under FSRA mortgage brokerage licence #11730. Buyer and financier both contribute funds to acquire the property - the buyer from a minimum 20% down payment - and monthly payments split between redeeming the financier's stake and a profit (user-fee) charge for occupying the home. Title registers in the customer's name from inception, contracts run up to 5-year renewable terms, there is no stated financing limit, and both purchases and refinances qualify. No profit rates are published: quotes are individual and benchmarked to prevailing market mortgage rates.
Opens provider site - no obligation
HalalWallet is an independent, education-only comparison site. Some outbound links earn referral fees.Advertiser disclosure
Important: HalalWallet is not a lender, mortgage broker, loan originator, or settlement agent. We are an educational comparison site and do not originate applications on your behalf.
Items marked “Featured” may include paid placement in that module. Where you control sort order (tables, filters), your selection applies.
Referral fees typically come from the provider's marketing budget and should not increase what you pay - you should receive the same terms as visiting providers directly; confirm with the provider. How we make money · Methodology · Legal disclosures
Where Available
Based on listings we track, Aya Financial is listed in the following province:
Availability may vary by product type. Always verify current availability directly with Aya Financial.
How We Compare
- • We review publicly available information from providers, including Shariah compliance documentation.
- • We compare financing structures, total costs, down payment requirements, and province availability.
- • We prioritize providers that clearly explain their halal compliance rationale and operate with transparency.
- • We note which products are available nationwide versus regionally.
- • Learn more about our methodology.
Aya Financial is in HalalWallet's independent directory for Home Financing, with listings covering 1 province. Structures we list: Musharaka. Confirm terms and Shariah documentation directly with Aya Financial.
- Aya Financial currently has 1 product in our listings (Home Financing).
- Coverage we list: 1 province (ON).
- Contract structures we list: Musharaka.
- Always verify compliance directly with Aya Financial and consult qualified Islamic finance advisors when needed.
- Compare Aya Financial with other providers on HalalWallet before you apply.
Source: HalalWallet (halalwallet.ca)
How to use this comparison: HalalWallet is an independent educational comparison platform - by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
- Confirm current terms and halal compliance directly with the provider - their quote is final.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-09-01
How to cite this page
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For time-sensitive claims (rates, fees, province availability), please verify directly with the provider's official documentation and note the retrieval date.
Related Guides
Frequently Asked Questions
What types of halal products does Aya Financial offer?
Aya Financial has 1 product we currently list across 1 category. Structures we list: Musharaka. Review the products listed above for current offerings. Confirm terms directly with Aya Financial.
How does Aya Financial ensure Shariah compliance?
Review Aya Financial's publicly available Shariah compliance documentation, understand the product structures they use, and check for independent oversight or Shariah board involvement. Always verify compliance directly with Aya Financial and consult with qualified Islamic finance advisors for guidance on specific products.
Is Aya Financial available in my province?
Based on listings we track, Aya Financial is listed in 1 province. Availability can vary by product type. Always verify current availability directly with Aya Financial.
Are Aya Financial's products more expensive than conventional options?
Halal financing structures can have different fee structures compared to conventional products. Some options may be competitive with conventional rates, while others may have different cost structures. Pricing varies by product type, location, and individual circumstances. Always compare total costs and terms when evaluating options.
How do I contact Aya Financial?
Visit Aya Financial at ayafinancial.com, or use the product links on this page.
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