Understanding a Halal Personal Savings and Investment Account
A Halal, interest free, limit free, taxable account of choice after maxing out a RRSP and TFSA. Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Understanding a Halal Personal Savings and Investment Account
A Halal, interest free, limit free, taxable account of choice after maxing out a RRSP and TFSA. Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Understanding a Halal Personal Savings and Investment Account
A Halal, interest free, limit free, taxable account of choice after maxing out a RRSP and TFSA. Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
What is a Personal Account?
Personal accounts don’t have contribution limits or the same tax incentives that a TFSA or RRSP account does, however, you can write off potential capital losses against capital gains. They might be right for you if you have already maxed out your TFSA and RRSP contribution space.**
What is a Personal Account?
Personal accounts don’t have contribution limits or the same tax incentives that a TFSA or RRSP account does, however, you can write off potential capital losses against capital gains. They might be right for you if you have already maxed out your TFSA and RRSP contribution space.**
What is a Personal Account?
Personal accounts don’t have contribution limits or the same tax incentives that a TFSA or RRSP account does, however, you can write off potential capital losses against capital gains. They might be right for you if you have already maxed out your TFSA and RRSP contribution space.**
What Makes a Personal Savings Account Halal?
A Personal Savings account is just an account with some tax rules around it. It is how the money that is deposited into this account gets invested that will make it Halal or not. The focus here should not be the account type but the underlying investments. As long as that cash is being used to buy Shariah-compliant investments such as the OneVest Halal Portfolios, then your investment is Halal.**
What Makes a Personal Savings Account Halal?
A Personal Savings account is just an account with some tax rules around it. It is how the money that is deposited into this account gets invested that will make it Halal or not. The focus here should not be the account type but the underlying investments. As long as that cash is being used to buy Shariah-compliant investments such as the OneVest Halal Portfolios, then your investment is Halal.**
What Makes a Personal Savings Account Halal?
A Personal Savings account is just an account with some tax rules around it. It is how the money that is deposited into this account gets invested that will make it Halal or not. The focus here should not be the account type but the underlying investments. As long as that cash is being used to buy Shariah-compliant investments such as the OneVest Halal Portfolios, then your investment is Halal.**
Integrity
Halal Certified RRIFs
Investment fund and portfolio management services are provided by OneVest. All portfolio holdings and performance data are sourced from OneVest. These Shariah compliance certificates issued by Manzil's Shariah Supervisory Board ensure that Manzil's Invest Portfolios, products and services comply with the Shariah standards set by AAOIFI.
Integrity
Halal Certified RRIFs
Investment fund and portfolio management services are provided by OneVest. All portfolio holdings and performance data are sourced from OneVest. These Shariah compliance certificates issued by Manzil's Shariah Supervisory Board ensure that Manzil's Invest Portfolios, products and services comply with the Shariah standards set by AAOIFI.
Integrity
Halal Certified RRIFs
Investment fund and portfolio management services are provided by OneVest. All portfolio holdings and performance data are sourced from OneVest. These Shariah compliance certificates issued by Manzil's Shariah Supervisory Board ensure that Manzil's Invest Portfolios, products and services comply with the Shariah standards set by AAOIFI.
Benefits of a Halal Personal Investment Account
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
01
It’s Halal
The money you put in your Joint Investment account gets invested into the OneVest Halal Portfolios. This means your money is not just growing, but you can both sleep peacefully at night knowing it’s growing through Halal means.
02
Not a registered account
No penalties, withholding tax, or limits from the government as other registered accounts have.
03
Best used for
Dividends from Canadian Corporations and growth- oriented ETFs.
04
Flexible
These accounts can be as large or as small as you want.
Benefits of a Halal Personal Investment Account
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
01
It’s Halal
The money you put in your Joint Investment account gets invested into the OneVest Halal Portfolios. This means your money is not just growing, but you can both sleep peacefully at night knowing it’s growing through Halal means.
02
Not a registered account
No penalties, withholding tax, or limits from the government as other registered accounts have.
03
Best used for
Dividends from Canadian Corporations and growth- oriented ETFs.
04
Flexible
These accounts can be as large or as small as you want.
Benefits of a Halal Personal Investment Account
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
01
It’s Halal
The money you put in your Joint Investment account gets invested into the OneVest Halal Portfolios. This means your money is not just growing, but you can both sleep peacefully at night knowing it’s growing through Halal means.
02
Not a registered account
No penalties, withholding tax, or limits from the government as other registered accounts have.
03
Best used for
Dividends from Canadian Corporations and growth- oriented ETFs.
04
Flexible
These accounts can be as large or as small as you want.
Ready to open your Halal Personal Account with OneVest?
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Ready to open your Halal Personal Account with OneVest?
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Ready to open your Halal Personal Account with OneVest?
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Homes
See the features and benefits of our Halal Musharaka financing options and determine which one is best for you.
Invest
Halal investing opportunities that align with your beliefs as a Muslim, in partnership with OneVest. Transfer existing investments or open a new account.
Wills
In 20 minutes or less, create Islamic Will documents online and have legally-secure, Shariah Compliant documents in preparation for when you die.
Discover other Manzil Products
Discover
Discover other Manzil Products
Discover
Homes
See the features and benefits of our Halal Musharaka financing options and determine which one is best for you.
Invest
Halal investing opportunities that align with your beliefs as a Muslim, in partnership with OneVest. Transfer existing investments or open a new account.
Wills
In 20 minutes or less, create Islamic Will documents online and have legally-secure, Shariah Compliant documents in preparation for when you die.
Homes
See the features and benefits of our Halal Musharaka financing options and determine which one is best for you.
Invest
Halal investing opportunities that align with your beliefs as a Muslim, in partnership with OneVest. Transfer existing investments or open a new account.
Wills
In 20 minutes or less, create Islamic Will documents online and have legally-secure, Shariah Compliant documents in preparation for when you die.
Discover other Manzil Products
Discover
Disclaimers:
*Manzil Invest is a strategic partner of OneVest Management Inc. (“OneVest”) OneVest offers wealth management products and services to Manzil customers. OneVest Management Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Alberta, Ontario, Newfoundland and Labrador, and Quebec. Assets in your OneVest accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). OneVest is a wholly-owned subsidiary of OneVest Technologies Inc. All trademarks are the property of their respective owners. OneVest will determine what investments are suitable for you.
** This website is to be used for information purposes only and is not intended to provide any financial, legal, accounting, or tax advice. No securities regulatory authority has assessed the merits of these securities or the information contained on this website.
*** Your capital is at risk with any type of investment. The value of your portfolio can increase or decrease. Past performance is no guarantee of future results. An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.
Disclaimers:
*Manzil Invest is a strategic partner of OneVest Management Inc. (“OneVest”) OneVest offers wealth management products and services to Manzil customers. OneVest Management Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Alberta, Ontario, Newfoundland and Labrador, and Quebec. Assets in your OneVest accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). OneVest is a wholly-owned subsidiary of OneVest Technologies Inc. All trademarks are the property of their respective owners. OneVest will determine what investments are suitable for you.
** This website is to be used for information purposes only and is not intended to provide any financial, legal, accounting, or tax advice. No securities regulatory authority has assessed the merits of these securities or the information contained on this website.
*** Your capital is at risk with any type of investment. The value of your portfolio can increase or decrease. Past performance is no guarantee of future results. An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.
Disclaimers:
*Manzil Invest is a strategic partner of OneVest Management Inc. (“OneVest”) OneVest offers wealth management products and services to Manzil customers. OneVest Management Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Alberta, Ontario, Newfoundland and Labrador, and Quebec. Assets in your OneVest accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). OneVest is a wholly-owned subsidiary of OneVest Technologies Inc. All trademarks are the property of their respective owners. OneVest will determine what investments are suitable for you.
** This website is to be used for information purposes only and is not intended to provide any financial, legal, accounting, or tax advice. No securities regulatory authority has assessed the merits of these securities or the information contained on this website.
*** Your capital is at risk with any type of investment. The value of your portfolio can increase or decrease. Past performance is no guarantee of future results. An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.
Services
Manzil Mortgage Services Inc. holds the following licenses: Ontario # 13411, British Colombia # MB601417
Saskatchewan # 512027, Nova Scotia # 2022-3000552, and Alberta.
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