Canada’s only Halal Real Estate Fund
The Manzil Mortgage Fund (MMF) provides Shariah-compliant residential financing across Canada. By utilizing Murabaha (cost-plus) and Musharaka (partnership) structures, we offer an ethical path to homeownership for all Canadians.
Canada’s only Halal Real Estate Fund
The Manzil Mortgage Fund (MMF) provides Shariah-compliant residential financing across Canada. By utilizing Murabaha (cost-plus) and Musharaka (partnership) structures, we offer an ethical path to homeownership for all Canadians.
Canada’s only Halal Real Estate Fund
The Manzil Mortgage Fund (MMF) provides Shariah-compliant residential financing across Canada. By utilizing Murabaha (cost-plus) and Musharaka (partnership) structures, we offer an ethical path to homeownership for all Canadians.
Manzil Mortgage Fund (MMF)
Manzil Mortgage Fund (MMF)
The Manzil Mortgage Fund was created to offer Canadians Halal home financing while providing investors with a unique, Shariah-compliant asset class.
The Manzil Mortgage Fund was created to offer Canadians Halal home financing while providing investors with a unique, Shariah-compliant asset class.
Key Benefits of the Manzil Mortgage Fund
Key Benefits of the Manzil Mortgage Fund
End-to-End Shariah Compliance North American Pioneer: The first fund in the region to offer Shariah-compliant first mortgages secured by Canadian residential real estate.
Ethical Standards: Operates in strict accordance with Islamic principles and financial guidelines.
Consistent Monthly Income
Consistent Monthly Income
Monthly Income: Purpose-built for consistent monthly returns.
Tax-Efficient: Eligible for RRSPs, TFSAs, and RESPs.
Stable: Low-volatility, non-correlated asset class.
Reliable Returns: Designed as a monthly income-generating investment.
Tax-Efficient Options: Eligible for registered accounts, including RRSPs, TFSAs, and RESPs.
Market Stability: A non-correlated asset class that offers lower volatility compared to traditional equity markets.
Empowering the Community
Empowering the Community
Pure Investment: No purification of returns is required, ensuring 100% Halal earnings.
Social Impact: Your investment directly helps fellow community members achieve the dream of first-time homeownership.
Fund Facts & Details
Access the latest PTF Class units Fund Facts via the links below, updated monthly by the 20th. These units are available through our registered Portfolio Manager partner, Corex Financial Inc., as part of their comprehensive managed accounts service.
Fund Facts & Details
Access the latest PTF Class units Fund Facts via the links below, updated monthly by the 20th. These units are available through our registered Portfolio Manager partner, Corex Financial Inc., as part of their comprehensive managed accounts service.
Fund Facts & Details
Access the latest PTF Class units Fund Facts via the links below, updated monthly by the 20th. These units are available through our registered Portfolio Manager partner, Corex Financial Inc., as part of their comprehensive managed accounts service.
Fund Historical Performance & Highlights
Fund Historical Performance & Highlights
The charts below give you a snapshot of the Fund's investment***
04/01/2025
Returns
This chart illustrates the performance of Series PTF Securities over the past six months. While historical returns and year-over-year fluctuations can help you assess past risk, please note that prior performance is not a guarantee of future results.
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
Monthly Return for Last 12 Months
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.
Invest in your future self
01
Sign up to Create a Corex Account
After you sign up, verify your email, log in, and click on “Invest” to get started with Corex.
02
Onboard onto Corex and Fund your Accounts
Onboard with Corex to fund, manage, and track your investments.
03
Start Earning Halal Money
Corex takes care of the investments, you take care of being you. Of course you can always speak to a Corex portfolio manager about your investments.
Invest in your future self
01
Sign up to Create a Corex Account
After you sign up, verify your email, log in, and click on “Invest” to get started with Corex.
02
Onboard onto Corex and Fund your Accounts
Onboard with Corex to fund, manage, and track your investments.
03
Start Earning Halal Money
Corex takes care of the investments, you take care of being you. Of course you can always speak to a Corex portfolio manager about your investments.
Invest in your future self
01
Sign up to Create a Corex Account
After you sign up, verify your email, log in, and click on “Invest” to get started with Corex.
02
Onboard onto Corex and Fund your Accounts
Onboard with Corex to fund, manage, and track your investments.
03
Start Earning Halal Money
Corex takes care of the investments, you take care of being you. Of course you can always speak to a Corex portfolio manager about your investments.
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.