The Manzil Mortgage Fund (MMF) is a Halal real estate fund that focuses on financing Canadian residential real estate using Murabaha (cost-plus) and Musharaka (partnership) transaction style halal structures. This opens the door to ethical homeownership for more Canadians
The Manzil Mortgage Fund was established to provide Halal Home Financing to Canadians. It was also established to provide investors with a new shariah compliant asset class*
The first North American Fund that finances Shariah compliant first mortgages secured by residential real property in Canada
Operates in accordance with Shariah rules, principles and guidelines
Monthly income generating investment
Registered Accounts Eligible (RRSP, TFSA, RESP, and more)
Non-correlated asset class to equity markets (less volatility)
No purification required
Help fellow community members get into homeownership for the very first time
Below are the links to the Fund Facts for the PTF Class units. The Fund Facts is published every month by the 20th. The PTF Class Units are available via OneVest Management Inc.
The PTF Class Units are available via our portfolio manager partner, OneVest, as part of their managed accounts service.***
The charts below give you a snapshot of the Fund’s investments***:
This chart shows how Series PTF Securities of the Fund performed in the past 6 months. The range of returns and change from year to year can help you assess how risky the fund has been in the past. It does not tell you how the Fund will perform in the future.
Manzil Invest - Investment fund and portfolio management services are provided by OneVest.*
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 registered as a Portfolio Manager in each of the provinces and territories of Canada, and as an Investment Fund Manager in the provinces of Alberta, Ontario Quebec, and Newfoundland and Labrador. Upon opening your account, 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.
Read More
*** Your capital is at risk with any type of investment. Past performance is not a guarantee of future results or success. Please read OneVest’s investment risk disclosure for more information.
