Mackenzie Investments Review
Co-Founder & CEO, HalalWallet
Reviewed quarterly and updated when provider terms, ratings, or coverage change.
Mackenzie Investments is in HalalWallet's independent directory with 1 product we currently list in Investing, using Mutual Funds. We do not invent a contract structure when the listing does not name one. Confirm terms and Shariah documentation with Mackenzie Investments.
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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
Mackenzie Investments - At a Glance
1
Products Reviewed
10
Provinces Served
1
Category
Shariah Compliance Review
Oversight Level
Review details on provider's website
Shariah oversight is delegated to Ratings Intelligence Partners, whose board (Dr. El-Gari, Dr. Hammad, Dr. Qattan) issues the fund's fatwa, audits semi-annually, and supports the purification ratio Mackenzie publishes annually - Mackenzie names no in-house board; the scholars certify the universe and process, not the firm.
Shariah compliance should always be verified directly with Mackenzie Investments. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
Bottom Line
Review the products listed above and compare Mackenzie Investments with other providers. Confirm terms and Shariah documentation directly with Mackenzie Investments.
Products from Mackenzie Investments
Mackenzie Investments
Mackenzie Shariah Global Equity Fund
The Mackenzie Shariah Global Equity Fund (inception February 2024) packages actively managed halal global equity in the mutual fund format Canadian advisors already use. Mackenzie's Global Quantitative Equity Team, led by Arup Datta, selects from companies pre-approved for the Dow Jones Islamic Market World Index, with Ratings Intelligence's Shariah advisory board issuing the fatwa, auditing semi-annually, and supporting an annually published purification ratio. Series A carries a 1.95% management fee and 2.65% MER; fee-based Series F runs 0.80% and 1.12%. Minimum investment is $500.
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, Mackenzie Investments is listed in the following provinces:
Availability may vary by product type. Always verify current availability directly with Mackenzie Investments.
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.
Mackenzie Investments is in HalalWallet's independent directory for Investing, with listings covering 10 provinces. Structures we list: Mutual Funds. Confirm terms and Shariah documentation directly with Mackenzie Investments.
- Mackenzie Investments currently has 1 product in our listings (Investing).
- Coverage we list: 10 provinces.
- Contract structures we list: Mutual Funds.
- Always verify compliance directly with Mackenzie Investments and consult qualified Islamic finance advisors when needed.
- Compare Mackenzie Investments 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 Mackenzie Investments offer?
Mackenzie Investments has 1 product we currently list across 1 category. Structures we list: Mutual Funds. Review the products listed above for current offerings. Confirm terms directly with Mackenzie Investments.
How does Mackenzie Investments ensure Shariah compliance?
Review Mackenzie Investments'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 Mackenzie Investments and consult with qualified Islamic finance advisors for guidance on specific products.
Is Mackenzie Investments available in my province?
Based on listings we track, Mackenzie Investments is listed in 10 provinces. Availability can vary by product type. Always verify current availability directly with Mackenzie Investments.
Are Mackenzie Investments'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 Mackenzie Investments?
Visit Mackenzie Investments at www.assadwealth.ca/contact, or use the product links on this page.
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