Canada’s only Halal Real Estate Fund

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

Dashboard

Canada’s only Halal Real Estate Fund

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

Dashboard

Canada’s only Halal Real Estate Fund

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

Dashboard

Manzil Mortgage Fund (MMF)

Manzil Mortgage Fund (MMF)

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 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*

End to end Shariah Compliant

End to end Shariah Compliant

  • 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

Bank Card
Bank Card

Generate Monthly Income

Generate Monthly Income

  • Monthly income generating investment

  • Registered Accounts Eligible (RRSP, TFSA, RESP, and more)

  • Non-correlated asset class to equity markets (less volatility)

Face ID
Face ID
Face ID

Support Halal Home Financing

Support Halal Home Financing

  • No purification required

  • Help fellow community members get into homeownership for the very first time

Statistics
Statistics

Fund Facts & Details

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 Corex Financial Inc.

Fund Facts & Details

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 Corex Financial Inc.

Fund Facts & Details

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 Corex Financial Inc.

Fund Historical Performance & Highlights

Fund Historical Performance & Highlights

The charts below give you a snapshot of the Fund's investment***

04/01/2025

Returns

The 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.

Underlying Investments

Musharaka Mortgages

(Partnership)

98.79%

Murabaha Mortgages

(Cost plus profit)

0.92%

Cash

0.29%

Geographical Allocation

Ontario

72.83%

Alberta

24.49%

British Columbia

2.68%

Quebec

0.37%

Annual Return Since Inception

0.9%
2020
2.45%
2021
3.35%
2022
5.26%
2024
5.15%
2025

Monthly Return for Last 12 Months

0.48%
Jan-31
0.5%
Feb-28
0.45%
Mar-31
0.44%
Apr-30
0.49%
May-31
0.48%
Jun-30
0.46%
Jul-31
0.33%
Aug-31
0.39%
Sep-30
0.27%
Oct-31
0.42%
Nov-30
0.44%
Dec-31

Annualized Return

5.49%

Fund Profile

$101,790,981

Residential Assets Value

$55,362,343

Mortgage Portfolio Value*

54.39%

Finance-to-Value-Ratio

0.00%

Default Rate

Average Client Profile

$179,163

Household Income

784

Credit Score

28.43%

Gross-Debt-Servicing (GDS)

32.00%

Total-Debt-Servicing (TDS)

Halal Certified & Audited

Our Shariah Supervisory Board (SSB) have carefully reviewed the structuring and documentation of the product and issued a certificate of Shariah compliance.

Halal Certified & Audited

Our Shariah Supervisory Board (SSB) have carefully reviewed the structuring and documentation of the product and issued a certificate of Shariah compliance.

Halal Certified & Audited

Our Shariah Supervisory Board (SSB) have carefully reviewed the structuring and documentation of the product and issued a certificate of Shariah compliance.

Products

Build your future, minus the compromise. Discover Manzil’s Sharia-compliant path to prosperity.

Invest

Invest with faith through Shariah-compliant portfolios. Partner with Corex to start or transfer investments today.

Homes

Simple, transparent, Halal homeownership. Explore our co-ownership models to find the right financing journey.

Wills

Secure your legacy in 20 minutes with legally binding, Shariah-compliant Islamic Wills generated online.

Money

Manage your finances with Manzil Money: the Halal, interest-free way to save, spend, and budget.

Products

Build your future, minus the compromise. Discover Manzil’s Sharia-compliant path to prosperity.

Invest

Invest with faith through Shariah-compliant portfolios. Partner with Corex to start or transfer investments today.

Homes

Simple, transparent, Halal homeownership. Explore our co-ownership models to find the right financing journey.

Wills

Secure your legacy in 20 minutes with legally binding, Shariah-compliant Islamic Wills generated online.

Money

Manage your finances with Manzil Money: the Halal, interest-free way to save, spend, and budget.

Products

Build your future, minus the compromise. Discover Manzil’s Sharia-compliant path to prosperity.

Invest

Invest with faith through Shariah-compliant portfolios. Partner with Corex to start or transfer investments today.

Homes

Simple, transparent, Halal homeownership. Explore our co-ownership models to find the right financing journey.

Wills

Secure your legacy in 20 minutes with legally binding, Shariah-compliant Islamic Wills generated online.

Money

Manage your finances with Manzil Money: the Halal, interest-free way to save, spend, and budget.

Notice

* Corex Financial Inc. ("Corex") offers wealth management products and services to Manzil customers. Corex Financial Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Ontario, British Columbia, Alberta, Newfoundland and Labrador, and Quebec. Assets in your Corex accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). All trademarks are the property of their respective owners. Corex 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.

*** Your capital is at risk with any type of investment. The value of your portfolio can increase or decrease. Past performance is no guarantee of future results. An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.

Notice

* Corex Financial Inc. ("Corex") offers wealth management products and services to Manzil customers. Corex Financial Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Ontario, British Columbia, Alberta, Newfoundland and Labrador, and Quebec. Assets in your Corex accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). All trademarks are the property of their respective owners. Corex 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.

*** Your capital is at risk with any type of investment. The value of your portfolio can increase or decrease. Past performance is no guarantee of future results. An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.

Notice

* Corex Financial Inc. ("Corex") offers wealth management products and services to Manzil customers. Corex Financial Inc. is a registered Portfolio Manager in each of the provinces and territories of Canada and as an Investment Fund Manager in the provinces of Ontario, British Columbia, Alberta, Newfoundland and Labrador, and Quebec. Assets in your Corex accounts are held with various custodians, each registered as an investment dealer with the applicable securities regulators. All custodians are members of the Canadian Investment Regulatory Organization (“CIRO”) and the Canadian Investor Protection Fund (CIPF). All trademarks are the property of their respective owners. Corex 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.

*** Your capital is at risk with any type of investment. The value of your portfolio can increase or decrease. Past performance is no guarantee of future results. An investment may be risky and may not be suitable for an investor's goals, objectives, and risk tolerance. The value of investments and the income derived from investments will fluctuate and can go down as well as up. A loss of principal may occur.