Eqraz Review
Co-Founder & CEO, HalalWallet
Reviewed quarterly and updated when provider terms, ratings, or coverage change.
Eqraz is in HalalWallet's independent directory with 1 product we currently list in Home Financing, using Murabaha. We do not invent a contract structure when the listing does not name one. Confirm terms and Shariah documentation with Eqraz.
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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
Eqraz - At a Glance
1
Products Reviewed
10
Provinces Served
1
Category
2020
Founded
Shariah Compliance Review
Oversight Level
Third-Party Certified - externally verified for compliance
EQRAZ’s Murabaha home financing is certified by the Shariyah Review Bureau (SRB), with ongoing supervision from its Shariah Supervisory Board, including scholars such as Sheikh Dr. Salah Al Shalhoob and Sheikh Faraz Adam.
Shariah compliance should always be verified directly with Eqraz. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
Bottom Line
Review the products listed above and compare Eqraz with other providers. Confirm terms and Shariah documentation directly with Eqraz.
Read our full Eqraz review
This page is the quick profile - Index grade, products, and availability. For the step-by-step walkthrough, costs, and our detailed take:
Products from Eqraz
Eqraz
Home Financing
EQRAZ arranges monthly commodity Murabaha (Tawarruq) home financing in all 10 provinces and is Canada's halal rate-transparency leader: a monthly-updated rate sheet showed posted profit rates of 8.67% to 9.30% and special-offer rates of 7.67% to 8.30% by term on July 31, 2026. Financing runs on fixed profit rates over 1-5 year renewable terms with amortization up to 25 years; second and third mortgages are available, and only move-in-ready, owner-occupied homes qualify (closing within 60 days). Funding flows through a Wakala agreement with a Canadian Schedule One bank rather than interest-bearing borrowing, with Computershare Trust as custodian, and late-payment profit is donated to charity.
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, Eqraz is listed in the following provinces:
Availability may vary by product type. Always verify current availability directly with Eqraz.
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.
Eqraz is in HalalWallet's independent directory for Home Financing, with listings covering 10 provinces. Structures we list: Murabaha. Confirm terms and Shariah documentation directly with Eqraz.
- Eqraz currently has 1 product in our listings (Home Financing).
- Coverage we list: 10 provinces.
- Contract structures we list: Murabaha.
- Always verify compliance directly with Eqraz and consult qualified Islamic finance advisors when needed.
- Compare Eqraz 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 Eqraz offer?
Eqraz has 1 product we currently list across 1 category. Structures we list: Murabaha. Review the products listed above for current offerings. Confirm terms directly with Eqraz.
How does Eqraz ensure Shariah compliance?
Review Eqraz'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 Eqraz and consult with qualified Islamic finance advisors for guidance on specific products.
Is Eqraz available in my province?
Based on listings we track, Eqraz is listed in 10 provinces. Availability can vary by product type. Always verify current availability directly with Eqraz.
Are Eqraz'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 Eqraz?
Visit Eqraz at eqraz.com, or use the product links on this page.
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