Shariah-aware money math, done the Canadian way
Three tools that respect the fiqh and the numbers. Zakat on live Canadian nisab, a screened halal ETF explorer, and a halal mortgage comparison. Where scholars differ, the tools show you the choice instead of quietly picking one. Educational, not a fatwa.
The tools
3 toolsZakat in Canadian dollars, current gold and silver nisab, RRSP and TFSA treatment, jewelry, and eligible debt deductions at 2.5%.
Halal ETF ExplorerEvery Shariah-compliant ETF a Canadian can buy. MERs, AAOIFI screening, CAD vs US listings, and what the fees cost per year.
Halal MortgageCompare Canadian halal home financing. Murabaha, diminishing Musharaka, and Ijara providers priced side by side, and how they compare with a conventional mortgage.
How halal finance works here
Islamic finance avoids riba (a fixed, guaranteed return charged for lending money), gharar (excessive uncertainty), and investment in prohibited industries. In practice that shapes each tool:
Zakat
An annual 2.5% due on wealth held above the nisab (the value of 85g of gold or 595g of silver). Our calculator tracks live Canadian metal prices for the nisab and lets you choose the lunar (2.5%) or solar (2.577%) year, with notes where the schools of thought differ on RRSPs, jewelry, and business assets.
Halal investing
Shariah-compliant ETFs screen out non-compliant sectors and interest-heavy balance sheets (AAOIFI methodology), and purify incidental income. The explorer compares the ones Canadians can actually buy, in CAD and US listings, with the real MER cost.
Halal home financing
Instead of an interest-bearing loan, providers use Murabaha (cost-plus sale), diminishing Musharaka (declining co-ownership), or Ijara (lease-to-own). The return is framed as profit or rent on a real asset, not interest. The comparison tool estimates a like-for-like monthly payment across providers.
These tools are educational and are not a fatwa or financial advice. Rulings differ between scholars and schools; confirm your specific situation with a qualified scholar and a licensed professional.
Get the annual update
Zakat nisab, contribution limits, and tax numbers change every year. Get a short note when they do, nothing else.