ShariaPortfolio IPP - Individual Pension Plan

Halal Retirement Accounts in 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.

The IPP is a corporate-sponsored defined-benefit plan that lets incorporated professionals shelter more than an RRSP allows - contribution room grows with age, which is why it suits older high-earners - and ShariaPortfolio Canada is one of the only firms that will run one to AAOIFI standards, with sukuk and Islamic funds standing in for the bond allocations that anchor conventional pension portfolios. Setup and administration are meaningfully more involved than a personal account: a corporation must sponsor the plan, actuarial valuations recur, and none of those costs are published. Oversight is third-party certification anchored by Shaykh Umer Khan rather than an in-house board. Best for incorporated business owners past their RRSP limits who want a halal pension structure and accept the administrative overhead.