Manzil Wealth introduces new halal wealth management platform in Canada
Manzil Wealth, a subsidiary of Islamic finance firm Manzil, has launched a new halal wealth management platform in Canada.
Manzil Wealth acquires Canadian Islamic Wealth
The Manzil Wealth platform features a range of Sharia-compliant financial offerings, including halal investment options, mortgages and financial planning services.
In a move to support its solution debut, Manzil Wealth has acquired halal investment firm Canadian Islamic Wealth, based in Winnipeg, for an undisclosed amount.
The acquisition is expected to strengthen Manzil’s offerings, particularly in halal retirement and education planning, while broadening its presence in domestic markets.
As part of the purchase, Jesse Reitberger, founder of Canadian Islamic Wealth, will join Manzil Wealth as a senior wealth advisor, where he will oversee the company’s wealth strategy, according to a statement.
