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The Case for Toronto Being the North American Hub for Islamic Finance

by Mohamad Sawwaf|01 February 201912 March 2019|Islamic Finance

When discussing the location of a North American hub for Islamic finance, it is difficult to match the value proposition that Toronto, Ontario, Canada, offers. In this post I will share insights into the case for a North American hub...

The Difference Between Islamic Finance & Conventional Finance

by Mohamad Sawwaf|01 January 201912 March 2019|Islamic Finance

Islamic finance is a financial system which operates in accordance with shariah or Islamic law. The primary difference between Islamic and conventional finance is the treatment of risk. Under Shariah law, finance is based on the principle of “profit and...

Why You Should Consider a Halal Mortgage

by Mohamad Sawwaf|01 December 201812 March 2019|Islamic Finance

What is a Halal Mortgage? Islamic mortgages have become increasingly prevalent in recent years with the Islamic finance sector growing approximately 15-25% per year. Islamic finance operates in accordance with shariah or Islamic law, which forbids the paying and receiving...

Islamic Asset Management on the Rise in Canada

by Mohamad Sawwaf|01 July 201812 March 2019|Islamic Finance

A recent report from Pew Research Center called ‘The Future of The Global Muslim Population’ estimates that, by 2030, there will be about 2.7 million Muslims living in Canada, and they will make up approximately 6.6% of the population. Currently,...

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