The Manzil Mortgage Fund

Ethically Sound, Halal Investing for your values

Start earning a halal and stable return on your investment with Manzil's Mortgage Fund.

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What is Halal Investing?

Halal investing is investing in companies, also known as equities or stocks, and debt instruments, also known as income or sukuks
(Islamic Bonds) that are in line with Islamic principles of investing. Many conventional investment products aren't Shariah compliant because they are involved with impermissible (haram) activities or generate interest (riba) as income.

For example, profiting off debt is prohibited, so investing in conventional bonds (Government & Corporate) and Guaranteed Investment Certificates (GICs) are not allowed for observant Muslims. Additionally, halal investing prohibits investing in Canada businesses that profit off the following activities:

  • Alcohol
  • Tobacco/Illicit Drugs
  • Pork
  • Conventional Financial Services
  • Defense / Weapons
  • Gambling / Casinos
  • Music
  • Hotels
  • Cinema
  • Adult Entertainment
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What am I Investing In?

We created Canada's First Halal Mortgage Investment fund that:

  • 1 Invests in Halal Mortgages so you can
  • 2 Earn a Halal Return

Manzil's Mortgage Fund is the only fund that invests in halal mortgages in Canada and then shares the profits from financing payments back to its investors.

Built on Strict Ethical & Halal Standards from the Ground Up
Built on Strict Ethical & Halal Standards from the Ground Up

We work closely with our Shariah, legal, and audit teams to ensure every part and angle of the income fund is ethically sound and in compliance with Shariah Law. Many well known, local scholars in the United States and Canada are endorsing our product. With Manzil, you can rest assured that your investment is ethical, and end-to-end shariah compliant.

The Only AAOIFI Complaint Fund in Canada
The Only AAOIFI Complaint Fund in Canada

AAOFI is the Accounting and Auditing Organization for Islamic Financial Institutions and is the gold standard for Islamic Finance. AAOIFI compliance ensures we maintain an internal shariah auditor, an active shariah advisory board, and an independent auditor at all times. Due to their strict guidelines, very few are able to attain their certification and we're proud to be the first to do it in Canada.

An Asset-Backed Income Fund
An Asset-Backed Income Fund

All our transactions are secured by real and tangible assets. Every home we finance is secured by a first position mortgage meaning Manzil’s investors have to be paid back first before anyone else can earn a profit.

Higher Returns, Lower Risk
Higher Returns, Lower Risk

Manzil’s Halal income fund targets a 4% return. When compared to similar conventional mortgage funds issued by other financial institutions, this return is substantially higher with a similar if not better low risk profile.

What is our Mortgage Investment Fund and Why is it Halal?

A mortgage fund is an investment vehicle where individual investors pool their investment capital through unit acquisition.

A Trust structure enables the mutual fund to escape paying income tax on income earned if it distributes all net realized capital gains, income and dividends, after expenses to unit holders.

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Make Halal Money


  • Projected nominal annual rate of return of 4.00%
    of fees or 21.75% over 5 years
    (4.35% compounded per year)

  • Pool of first position mortgages at maximum LTV
    of 80% (loan-to-value)
    secured against prime real
    estate to minimize risk

  • Quarterly income distribution via cash or through a
    Distribution Re-Investment Program (DRIP)

  • Registered account eligible (i.e. RRSP, TFSA,
    RESP, etc.)

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How much Halal Money Can You Make?

Initial Deposit


Monthly Deposit




Manzil Halal Investing


Traditional Savings


Traditional Investing


How Do You Start Investing?

Follow these 4 simple steps and you’re good to go!


Register with our Investment Partner

We’ve teamed up with Fundscraper, our distribution partner, to assist with onboarding you into our Halal Investment Fund.

Register with our Investment Partner
Open Account with our Investment Partner

Open Account with our Investment Partner

After you’ve registered, simply open an account with Fundscraper.


Deposit Money or Transfer Your Current Investment Portfolio to Manzil for Free

Decide on how much money you want to invest and start depositing money or transfer your existing investment portfolio to Manzil at no extra charge to you.

Deposit Money or Transfer Your Current Investment Portfolio to Manzil for Free
Start Earning a Halal Return on Your Investment

Start Earning a Halal Return on Your Investment

Sit back, relax, and start earning halal money through smart investment options in Canada.

How Does Manzil's Halal Mortgage Fund Compare?

Features & Benefits

  • Shariah Advisory Board
  • Internal Sharia Auditor
  • AAOIFI Compliance
  • Income Based Investment
  • Better than Bank Security
  • Free Account Transfers
  • Ethical Screenings
  • RRSP, TFSA, RESP, RRIF, LIRA, Personal, Joint, Business
  • Equity Based Investment
  • Coming 2020
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Transfer your accounts and we’ll pay the fees

Are you paying higher fees elsewhere on your RRSP, TFSA, or other accounts? You don’t have to. Unlike the other guys, Manzil doesn’t require a minimum account size in order to cover the administrative transfer fees the company charges you.

Register with Our Investment Partner

  • No Minimum Dollar Amount Required
  • Set Up Monthly Contributions
  • Annual Account Fee as low as 0.38%
  • RRSP, TFSA, LIRA, RRIF, Personal & Corporate Savings Accounts, not including RESP
Start Investing
  • Minimum $10K
  • Dividend reinvesting
  • RRSP, TFSA, LIRA, RRIF, Joint, Personal & Business, not including RESP accounts.
  • No annual advisor fee
  • Flat annual account administration fee of $125 for your first account and $75 for subsequent accounts
Register Now