Moya Financial Review
Co-Founder & CEO, HalalWallet
Reviewed quarterly and updated when provider terms, ratings, or coverage change.
Moya Financial is in HalalWallet's independent directory with 3 products we currently list in Bank Accounts, using Mudarabah. We do not invent a contract structure when the listing does not name one. Confirm terms and Shariah documentation with Moya Financial.
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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
Moya Financial - At a Glance
3
Products Reviewed
1
Provinces Served
1
Category
Shariah Compliance Review
Oversight Level
Review details on provider's website
Moya names no scholar, board, or fatwa of its own - Shariah endorsement for the Mudarabah deposit sits upstream with partner Aya Financial's Islamic Finance Advisory Board, so religious accountability rests with a partner rather than with the credit union actually holding your money.
Shariah compliance should always be verified directly with Moya Financial. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
Bottom Line
Review the products listed above and compare Moya Financial with other providers. Confirm terms and Shariah documentation directly with Moya Financial.
Read our full Moya Financial reviews
This page is the quick profile - Index grade, products, and availability. For the step-by-step walkthrough, costs, and our detailed take:
Products from Moya Financial
Moya Financial
Sukuk Shariah Compliant Growing-Rate Term Deposit
A five-year Mudarabah term deposit from Moya Financial whose profit share rises every year: current indicative rates step from 1.90% in year one to 2.90% in year five (2.15% to 3.15% for new money), for an effective average yield of 2.51% (2.76% new money). Returns come from Moya's Shariah-compliant mortgage portfolio under pre-agreed, published distribution ratios rather than guaranteed interest. The deposit takes a $5,000 minimum, works in registered and non-registered accounts, and is non-redeemable except for a one-time redemption option at the three-year anniversary. Eligible deposits carry FSRA insurance: $250,000 non-registered, unlimited in registered accounts.
Opens provider site - no obligation
Moya Financial
Sukuk Shariah Compliant Redeemable Term-Deposit
The liquid option in Moya Financial's Sukuk lineup: a 1-year (365-day) Mudarabah term deposit that can be redeemed in part or in full any time on or after day 90 with no distribution penalty - redeem within the first 89 days and nothing is paid. A minimum $5,000 earns an indicative 1.75% (2.20% for new money from another institution), published with its distribution ratio (54% and 67%) on Moya's rates page. Returns are a share of profits from Moya's Shariah-compliant mortgage portfolio rather than guaranteed interest. Non-registered accounts only, with FSRA deposit insurance up to $250,000.
Opens provider site - no obligation
Moya Financial
Sukuk Shariah Compliant Non-Redeemable Term-Deposit
A Mudarabah profit-sharing term deposit from Toronto credit union Moya Financial: a minimum CAD $5,000 locks in for a 1-, 3-, or 5-year term and earns a pre-agreed share of the profits from Moya's Shariah-compliant mortgage portfolio, built on partner Aya Financial's property financing model. Current indicative rates are 2.65% for 1 year and 2.30% for 3 and 5 years (3.00% and 2.55% for new money moved from another institution), each published alongside its distribution ratio. Available in registered and non-registered accounts, with FSRA deposit insurance of $250,000 on non-registered balances and unlimited coverage in registered accounts.
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, Moya Financial is listed in the following province:
Availability may vary by product type. Always verify current availability directly with Moya 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.
Moya Financial is in HalalWallet's independent directory for Bank Accounts, with listings covering 1 province. Structures we list: Mudarabah. Confirm terms and Shariah documentation directly with Moya Financial.
- Moya Financial currently has 3 products in our listings (Bank Accounts).
- Coverage we list: 1 province (ON).
- Contract structures we list: Mudarabah.
- Always verify compliance directly with Moya Financial and consult qualified Islamic finance advisors when needed.
- Compare Moya 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 Moya Financial offer?
Moya Financial has 3 products we currently list across 1 category. Structures we list: Mudarabah. Review the products listed above for current offerings. Confirm terms directly with Moya Financial.
How does Moya Financial ensure Shariah compliance?
Review Moya 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 Moya Financial and consult with qualified Islamic finance advisors for guidance on specific products.
Is Moya Financial available in my province?
Based on listings we track, Moya Financial is listed in 1 province. Availability can vary by product type. Always verify current availability directly with Moya Financial.
Are Moya 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 Moya Financial?
Visit Moya Financial at moyafinancial.ca/contact-us/#MakeAppointment, or use the product links on this page.
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