UM Group
Islamic Co-Operative Housing Corporation Ltd.
Qurtuba Housing Coop & Al-Ittihad Investments Inc.
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Islamic Bank of Britain
Trading
List of Islamic Banks in Canada
Published by Gbaf News
Posted on April 21, 2013
1 min read· Last updated: November 30, 2018
Key Takeaways
- The original content lists entities not all active Islamic banks in Canada.
- Canada lacks fully licensed Islamic banks; services provided via Sharia‑compliant windows and fintech.
- Prominent Canadian Islamic finance providers include Manzil and Habib Canadian Bank’s Sirat.
- Sharia‑compliant products like halal mortgages and investing are emerging, often via fintech platforms.
References
Frequently Asked Questions
Are there fully licensed Islamic banks in Canada?
No, Canada does not have fully licensed Islamic banks; instead, Sharia‑compliant services are offered through Islamic windows of conventional banks and fintech platforms.
What fintech offers Sharia‑compliant banking in Canada?
Manzil is Canada’s first Islamic NeoBank offering halal home financing, investing and wealth management through a fully digital platform.
Which conventional bank offers Islamic banking services?
Habib Canadian Bank offers Islamic banking via its Sirat brand, providing Sharia‑compliant accounts and investment products.
Are halal mortgages available in Canada?
Yes, halal mortgage products are now available, such as through Manzil’s co‑ownership model and Servus Halal’s Murabaha‑style financing in Alberta.
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