Open a Halal LIRA

Our LIRA accounts offer stable returns through the Manzil Halal Portfolios.

Get Started on Your Halal LIRA

LIRA Canada

A locked-in retirement account (LIRA) or locked-in retirement savings plan (LRSP) is a Canadian investment account designed specifically to hold locked-in pension funds for former registered pension plan (RPP) members, former spouses or common-law partners, or surviving spouses or partners.

What Makes a LIRA Halal?

The LIRA 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 Manzil Halal Portfolios then you should be able to sleep peacefully at night.

Benefits of a Halal LIRA

  • Changing jobs

    If you leave your current job for another one, you can take your pension with you.

  • Earn Halal money

    Money in your LIRA is invested in the Manzil Halal Portfolios.

Get Started on Your Halal LIRA

Why CI Direct Investing?

We partnered with a Robo-Advisor, CI Direct Investing, so you can access the Manzil Halal Portfolios and get financial advice.

  • Low fees. Happy wallets

    CI Direct Investing delivers a low fee investing service, so more of your money stays invested.

  • Smarter technology, smarter savings

    Build better savings habits with CI Direct Investing's easy automated savings and investment app.

  • Advice worth listening to

    Advice, not a sales pitch, from a Certified Financial Planner® included.

Your Money is Safe with CI Direct Investing

Funds managed by CI Direct Investing are held with custodian members of Canadian Investor Protection Fund (CIPF). This provides limited protection for customer accounts, in case of the custodians’ insolvency for up to $1 million per account type category.

  • CI Direct Investing is a registered portfolio manager.
  • Advanced technology to secure your account.
  • Protecting your personal information.
  • Total transparency.

Ready to Open Your Halal LIRA?

It's fast and it's easy. In just a few minutes, you can open, fund and start growing your Halal LIRA.

Get Started on Your Halal LIRA
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