Manzil: Driven by Halal Principles and Smart Investments
The Manzil team is made up of seasoned market professionals from all facets of life. Our main doctrine at Manzil centres around putting God first, before people, and people before profit.
The Manzil team is made up of seasoned market professionals from all facets of life. Our main doctrine at Manzil centres around putting God first, before people, and people before profit.
Manzil is on a mission to provide the Muslim community and even non-Muslims with the opportunity to break the shackles of Riba/Usury and completely eradicate it from their lives.
We start with you in mind and ask: Will this product simplify your life and help you balance your financial pursuits with your spiritual and ethical beliefs?
We pray two Rak’as Salah t-ul Istikharah
We formulate the product concept and consult our Shariah Supervisory Board to ensure that the envisaged product structure is acceptable from Shariah point of view
We develop the product’s legal agreements and procedures documents ensuring that all Shariah boundaries specified by our scholars (including AAOIFI standards) are put in place
We submit the product documents to our Shariah Supervisory Board for compliance-review and obtain a Fatwa for the same
We say Bismillah, put our trust in Allah and launch
We start with you in mind and ask: Will this product simplify your life and help you balance your financial pursuits with your spiritual and ethical beliefs?
We pray two Rak’as Salah t-ul Istikharah
We formulate the product concept and consult our Shariah Supervisory Board to ensure that the envisaged product structure is acceptable from Shariah point of view
We develop the product’s legal agreements and procedures documents ensuring that all Shariah boundaries specified by our scholars (including AAOIFI standards) are put in place
We submit the product documents to our Shariah Supervisory Board for compliance-review and obtain a Fatwa for the same
We say Bismillah, put our trust in Allah and launch
We put the commands of God and the Sunnah of His messenger above all else including our own monetary gains. We understand that this world is a world of rights, and there are two types of them: There are God’s rights upon us and there are people’s rights upon us. To help us fulfill those rights we meticulously and carefully selected the following values to live by.
God-consciousness. Putting God’s commands above everything else
Truthfulness or the conformity of our outer conduct with our inward state or intention
The moral responsibility of fulfilling our obligations to God and fulfilling our obligations to people
To do things in a way that obtains the most perfect results
Excellence in character and conduct
God-consciousness. Putting God’s commands above everything else
Truthfulness or the conformity of our outer conduct with our inward state or intention
The moral responsibility of fulfilling our obligations to God and fulfilling our obligations to people
To do things in a way that obtains the most perfect results
Excellence in character and conduct
Islamic Finance Advisory & Assurance Services (IFAAS) Team
Ebrahim Desai, Allah have mercy on his soul, is a South African Mufti of Indian origin. He was an Islamic Scholar and the Grand Mufti of South Africa. He was trained in a Hanafi Deobandi legal school.
He ran the fatwa website Ask Imam, an online Islamic questions and answers database of Darul Iftaa Mahmudiyyah. Prior to that, he used to head the Dar al-Ifta of Madrasah In’aamiyyah. Furthermore, he was the senior lecturer of Hadith at Darul Uloom Nu’maniyyah in Chatsworth, KwaZulu-Natal and Madrasah Hameediyyah in Durban before passing away in July 2021.
He was ranked among The 500 Most Influential Muslims compiled by the Royal Islamic Strategic Studies Centre.
