ShariaPortfolio Review

ShariaPortfolio Canada's RRSP delivers the standard deduction-now, tax-later arithmetic with a fully AAOIFI-screened portfolio behind it: tax-deductible contributions grow tax-deferred, and the conventional bond sleeve that quietly puts most RRSP savers into interest is replaced by sukuk and Islamic funds. Active or passive managed strategies are available, the account converts to a halal-managed RRIF with the same firm at retirement, and the Canadian team runs education webinars on retirement planning and zakat. Custody sits at Fidelity Clearing Canada ULC, advisors serve BC, Alberta, Ontario, and Quebec, and fees are disclosed in the initial consultation.

ShariaPortfolio Canada's RESP pairs federal education money with halal management: the Canada Education Savings Grant adds 20% on the first $2,500 contributed each year (up to $7,200 lifetime per child), growth compounds tax-deferred, and the portfolio holds no bond funds or GICs - only AAOIFI-screened equities, Islamic funds, and sukuk. Active or passive strategies are matched to the child's timeline, and the Canadian team runs RESP-specific education webinars. Custody sits at Fidelity Clearing Canada ULC, advisors serve BC, Alberta, Ontario, and Quebec, and the mobile app works in English, French, and Arabic. Fees and minimums are not published.

ShariaPortfolio Canada offers one of the few professionally managed halal FHSAs in the country - a wrapper where Shariah-compliant options are genuinely rare. The account combines tax-deductible contributions ($8,000 annual limit, $40,000 lifetime) with tax-free withdrawals for a qualifying first home, and instead of the GICs and bond funds most FHSA providers assume, the balance sits in a fully AAOIFI-screened portfolio of equities, Islamic funds, and sukuk. Active or passive strategies match the buying timeline, custody is at Fidelity Clearing Canada ULC, and advisors serve BC, Alberta, Ontario, and Quebec in English, French, and Arabic.

ShariaPortfolio Canada's LIRA accepts locked-in pension transfers from former employers into a Shariah-screened portfolio - converting a conventional, usually bond-heavy pension balance into AAOIFI-compliant management for the locked-in decades until retirement. The portfolio holds screened equities, sukuk, and Islamic funds with no conventional bonds, in active or passive strategies matched to time horizon, and sits alongside RRSP and RRIF accounts in one consolidated halal retirement picture. Withdrawal restrictions are legislated under provincial LIRA rules. Custody is at Fidelity Clearing Canada ULC, with advisors serving BC, Alberta, Ontario, and Quebec.

ShariaPortfolio Canada's PPP (Personal Pension Plan) is an enhanced RRSP/IPP hybrid for incorporated professionals - physicians, dentists, consultants - offering more contribution flexibility and potentially higher tax-deferred room than an RRSP, sometimes with investment control and creditor protection features. Halal options inside PPP wrappers are effectively nonexistent elsewhere in Canada, making this one of ShariaPortfolio's most distinctive offerings. The plan's portfolio follows full AAOIFI rules - screened equities, sukuk, and Islamic funds only - coordinated with corporate accounts and the owner's personal registered plans. Custody at Fidelity Clearing Canada ULC; fees and minimums by consultation.

ShariaPortfolio Canada's joint account gives two or more investors - typically spouses or family members - shared ownership and access to a single professionally managed halal portfolio. There are no contribution limits, making it the natural next step once both partners' TFSA and RRSP room is used up. The portfolio follows full AAOIFI screening with the group's stricter exclusion list: no interest-paying securities, no preferred shares, and no music, cinema, or broadcasting revenue. Active or passive strategies are available, custody sits at Fidelity Clearing Canada ULC, and all holders get mobile app access. As a non-registered account, investment income is taxable.

ShariaPortfolio Canada's non-registered personal account is for investors who have used their TFSA, RRSP, and FHSA room - or who want unrestricted access to their money - with every dollar still managed under AAOIFI screening. There are no contribution limits or withdrawal restrictions, and the portfolio excludes interest-paying securities, preferred shares, and the group's extended prohibition list including music, cinema, and broadcasting. Choose an active strategy run by portfolio managers or a passive mix of halal ETFs. Gains and income are taxed annually. Custody is at Fidelity Clearing Canada ULC, with advisors in BC, Alberta, Ontario, and Quebec.

ShariaPortfolio Canada's IPP is a corporation-sponsored defined-benefit pension for business owners and key employees - typically older, high-earning incorporated professionals - allowing larger tax-deferred contributions than an RRSP permits. Halal options inside IPP wrappers are rare in Canada; this is one of the few. The plan's portfolio is built under AAOIFI rules from screened equities, sukuk, and Islamic funds, with active or passive strategies matched to the plan's funding needs, and it pairs with corporate and personal accounts under one halal wealth-management relationship. Custody sits at Fidelity Clearing Canada ULC; setup and administration costs require direct consultation.

ShariaPortfolio Canada's RRIF converts RRSP savings into regular retirement income while keeping the remaining balance Shariah-screened: income is generated from screened equities, Islamic funds, and sukuk rather than the bond interest conventional RRIFs rely on. Required minimum withdrawals are handled by the firm, with active or passive strategies calibrated for drawdown needs and the account visible alongside TFSAs and non-registered accounts in the mobile app. Screening continues through the retirement years, not just accumulation. Custody sits at Fidelity Clearing Canada ULC, and advisors serve BC, Alberta, Ontario, and Quebec. Fees are disclosed in consultation.

ShariaPortfolio Canada's TFSA puts the account most Canadians should fill first under professional AAOIFI-screened management: completely tax-free growth and withdrawals, with withdrawn amounts restoring contribution room the following year. Instead of the interest-paying savings products TFSAs usually default to, the portfolio holds screened equities, Islamic funds, and sukuk - never conventional bonds, preferred shares, or interest-bearing instruments - in an active or passive strategy matched to your goal. Advisors serve BC, Alberta, Ontario, and Quebec; custody is at Fidelity Clearing Canada ULC; and the mobile app covers accounts in English, French, and Arabic.

ShariaPortfolio Canada, launched in 2017, calls itself Canada's only licensed portfolio management firm fully dedicated to Sharia-compliant investing. Advisors in BC, Alberta, Ontario, and Quebec build active or passive managed portfolios under AAOIFI rules - screened equities, sukuk, and Islamic funds only, with the group's stricter exclusion list that also bars music, cinema, and broadcasting - across the full Canadian registered-account stack: RRSP, TFSA, RESP, RRIF, LIRA, FHSA, and rare halal IPP/PPP wrappers. Custody sits at Fidelity Clearing Canada ULC, service runs in English, French, and Arabic, and a mobile app covers accounts and portfolios. Fees and minimums are not published.