Understanding Halal RESPs: Planning for Your Child’s Higher Education
Investing in a RESP is a great way to access free money from the government for your child’s education. But it can also be Halal! Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Understanding Halal RESPs: Planning for Your Child’s Higher Education
Investing in a RESP is a great way to access free money from the government for your child’s education. But it can also be Halal! Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
Understanding Halal RESPs: Planning for Your Child’s Higher Education
Investing in a RESP is a great way to access free money from the government for your child’s education. But it can also be Halal! Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
What is a RESP?
RESPs are tax-advantaged accounts designed to help Canadians save for higher education. RESP funds can be invested in countless ways and if they are spent on higher-education related tuition or expenses, no investment gains in the account will be subject to income taxes.**
What is a RESP?
RESPs are tax-advantaged accounts designed to help Canadians save for higher education. RESP funds can be invested in countless ways and if they are spent on higher-education related tuition or expenses, no investment gains in the account will be subject to income taxes.**
What is a RESP?
RESPs are tax-advantaged accounts designed to help Canadians save for higher education. RESP funds can be invested in countless ways and if they are spent on higher-education related tuition or expenses, no investment gains in the account will be subject to income taxes.**
What makes a RESP Halal?
A RESP 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 RESP Halal?
A RESP 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 RESP Halal?
A RESP 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.**
Halal Certified RESPs
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 OneVest’s Halal Portfolios, products, and services comply with the Shariah standards as set out by AAOIFI.**
Halal Certified RESPs
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 OneVest’s Halal Portfolios, products, and services comply with the Shariah standards as set out by AAOIFI.**
