Tawakkul Academy
The things nobody explains properly.
Written for people making real decisions about their own money. No jargon, no sales pitch, and no pretending the difficult questions are simple.
Foundations
What is a waqf, and why does it matter for Canadian Muslims?The Islamic endowment explained: how a waqf works, why the asset itself is held permanently, and what it has built across the Muslim world for a thousand years.
8 minute read
Waqf ahli, waqf khayri and waqf mushtarak — the three kindsThe family endowment, the charitable endowment, and the combined form that does both. What each is for, and why the third fits Canadian Muslim families.
9 minute read
What is musharaka, and is a REIT one?Partnership is the oldest permitted way to put money to work in Islamic law. What musharaka requires, the three rules that decide it, and how honestly a REIT fits.
11 minute read
Trustee, auditor, administrator, dealer — who actually does whatA properly built fund has four organisations that are not the manager. What each does, what each cannot do, and which absence should worry you.
9 minute read
What is an exempt market dealer, and what does it owe you?A registered firm with a legal duty to decide an investment suits you before taking your order. What that duty requires, and what it does not.
7 minute read
What is a limited partnership, and why do funds use them?The standard vehicle for Canadian property funds. What limited liability means, what a general partner does, and how income flows through to investors.
6 minute read
What is riba, and why does it matter for Canadian investors?A plain explanation of riba, why it is prohibited, and what it means in practice for savings, mortgages and investments in Canada.
7 minute read
Halal investing in Canada: a practical guideWhat is actually available to a Muslim investor in Canada, how each option works, and the trade-offs nobody explains.
9 minute read
What is the exempt market, and is it safe for ordinary investors?How private investments are sold in Canada without a prospectus, what protections exist, and what to check before committing.
7 minute read
The offering
Tawakkul and waqf mushtarak — where the review standsTawakkul is under scholarly review for recognition as a waqf mushtarak. What that would mean, what has been determined so far, and what has not.
6 minute read
How Tawakkul is built, from your unit to the buildingOne trust, five series, two master limited partnerships and the portfolio partnerships that hold the property. What each layer does and why it is there.
9 minute read
The Tawakkul Mortgage Investment CorporationA separate Shariah-compliant vehicle producing income from financing Canadian homes rather than lending at interest. Not open, and not part of this offering.
6 minute read
Property
What is a mortgage investment corporation, and can one be halal?A Canadian structure that pools money to finance property. What section 130.1 requires, why conventional MICs are riba, and what a compliant version must change.
9 minute read
There is no 1031 exchange in Canada. Here is what isCanadians keep asking for the 1031 exchange they read about on American websites. It does not exist here. What Canada has are rollovers, and they work differently.
10 minute read
How affordable housing actually works in CanadaAffordable, below-market, rent-geared-to-income and average market rent are four different things. What each means, and who sets the numbers.
10 minute read
Is a conventional mortgage halal? The honest answerWhy conventional mortgages raise a riba problem, what the Canadian alternatives actually are, and how the arguments for necessity are treated.
8 minute read
What is a REIT, and how does one actually work?How real estate investment trusts are structured, how they make money, and what separates a conventional REIT from one without debt.
6 minute read
Planning
RRSP or TFSA? A clear comparison for Canadian saversHow the two accounts differ, which suits which situation, and the rule of thumb that usually decides it.
6 minute read
How to calculate zakat on your investmentsA practical method for working out zakat on shares, funds, property and pooled investments, and the questions to ask your scholar.
6 minute read
When you are ready.
Four questions to see what applies to you.
Or book fifteen minutes, or call 905 949 9119 and we will walk you through it.