Learn More About Islamic Finance in Canada and the AAOIFI
Manzil is a pioneer of Islamic finance in Canada, and the first Canadian member of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Learn More About Islamic Finance in Canada and the AAOIFI
Manzil is a pioneer of Islamic finance in Canada, and the first Canadian member of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Learn More About Islamic Finance in Canada and the AAOIFI
Manzil is a pioneer of Islamic finance in Canada, and the first Canadian member of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
What is AAOIFI?
AAOIFI, based out of Bahrain and regulated by the Central Bank of Bahrain, is the Accounting and Auditing Organization for Islamic Financial Institutions.
What is AAOIFI?
AAOIFI, based out of Bahrain and regulated by the Central Bank of Bahrain, is the Accounting and Auditing Organization for Islamic Financial Institutions.
What is AAOIFI?
AAOIFI, based out of Bahrain and regulated by the Central Bank of Bahrain, is the Accounting and Auditing Organization for Islamic Financial Institutions.
AAOIFI Requires 3 Layers of Shariah Governance
AAOIFI Requires 3 Layers of Shariah Governance
Being a member of AAOIFI is a testament to Manzil's commitment to providing ethical and transparent financial solutions to our clients. It also reflects our dedication to upholding the highest standards of governance, accountability, and professionalism in all our operations.
Being a member of AAOIFI is a testament to Manzil's commitment to providing ethical and transparent financial solutions to our clients. It also reflects our dedication to upholding the highest standards of governance, accountability, and professionalism in all our operations.
01
An Independent External Shariah Audit
01
An Independent External Shariah Audit
02
An Active Shariah Advisory Board
02
An Active Shariah Advisory Board
03
Compliance Function
03
Compliance Function
Why AAOIFI Matters
AAOIFI includes scholarly opinions from several Muslim schools of thought and is generally considered to be the gold standard for Islamic finance rules. Eighteen countries have adopted AAOIFI standards for their Islamic finance industries, and the Islamic finance authorities in another six countries issued guidelines for Shariah compliance derived from AAOIFI standards. Many banks, investment firms, capital market institutions, auditing firms, and training institutions also follow AAOIFI standards.
Why AAOIFI Matters
AAOIFI includes scholarly opinions from several Muslim schools of thought and is generally considered to be the gold standard for Islamic finance rules. Eighteen countries have adopted AAOIFI standards for their Islamic finance industries, and the Islamic finance authorities in another six countries issued guidelines for Shariah compliance derived from AAOIFI standards. Many banks, investment firms, capital market institutions, auditing firms, and training institutions also follow AAOIFI standards.
Why AAOIFI Matters
AAOIFI includes scholarly opinions from several Muslim schools of thought and is generally considered to be the gold standard for Islamic finance rules. Eighteen countries have adopted AAOIFI standards for their Islamic finance industries, and the Islamic finance authorities in another six countries issued guidelines for Shariah compliance derived from AAOIFI standards. Many banks, investment firms, capital market institutions, auditing firms, and training institutions also follow AAOIFI standards.
Have questions about our AAOIFI compliance?
Have questions about our AAOIFI compliance?
Have questions about our AAOIFI compliance?
Homes
See the features and benefits of our Halal Musharaka financing options and determine which one is best for you.
Invest
Halal investing opportunities that align with your beliefs as a Muslim, in partnership with OneVest. Transfer existing investments or open a new account.
Wills
In 20 minutes or less, create Islamic Will documents online and have legally-secure, Shariah Compliant documents in preparation for when you die.
Discover other Manzil Products
Discover
Discover other Manzil Products
Discover
Homes
See the features and benefits of our Halal Musharaka financing options and determine which one is best for you.
Invest
Halal investing opportunities that align with your beliefs as a Muslim, in partnership with OneVest. Transfer existing investments or open a new account.
Wills
In 20 minutes or less, create Islamic Will documents online and have legally-secure, Shariah Compliant documents in preparation for when you die.
Homes
See the features and benefits of our Halal Musharaka financing options and determine which one is best for you.
Invest
Halal investing opportunities that align with your beliefs as a Muslim, in partnership with OneVest. Transfer existing investments or open a new account.
Wills
In 20 minutes or less, create Islamic Will documents online and have legally-secure, Shariah Compliant documents in preparation for when you die.
Discover other Manzil Products
Discover
Services
Manzil Mortgage Services Inc. holds the following licenses: Ontario # 13411, British Colombia # MB601417
Saskatchewan # 512027, Nova Scotia # 2022-3000552, and Alberta.
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