YOUR CHILD’S EDUCATION. FUNDED THE HALAL WAY.

Free government grants. Zero riba.

Yes — Tawakkul REIT units can be held in a self-directed RESP.

The government adds 20% on top of your contributions. Most families collect that grant inside interest-based bank funds. Yours doesn’t have to.

The Halal RESP Gap

Bank RESPs default to GICs and conventional mutual funds. A self-directed RESP holding Tawakkul units captures every dollar of government grant while keeping the investment Shariah-authentic.

Most parents set this up in under a week.

How It Works

Open a self-directed RESP with Olympia Trust Company — individual or family plan

Contribute — the CESG grant is deposited into the same account

Subscribe through Drake Financial Ltd. Your child’s education fund grows on real estate income.

The Numbers

Government match

20% of the first $2,500/year — $500 free per child, every year

Lifetime grant

Up to $7,200 per child

Lifetime contribution limit

$50,000 per child

Taxed in your child’s hands

Growth and grants are taxed at withdrawal — typically little or none

Minimum investment

$500

Frequently Asked Questions

Do I still get the government grant?

Yes. CESG follows the account, not the investment inside it. Halal investments receive full government matching.

What if my child doesn’t attend post-secondary?

Your contributions come back tax-free; grants return to the government; growth may transfer to your RRSP, subject to conditions.

Family plan or individual?

Both are available through Olympia Trust. Family plans let you share room across siblings.

Is zakat due on an RESP?

Treatment varies by scholarly opinion, particularly given the grant portion and restricted access. Consult a qualified scholar — our team can connect you with IFAB guidance.

Invest Now!

Speak with Amir Frcic, Dealing Representative, Drake Financial Ltd.

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No debt. No riba. No compromise. Faith-built wealth for a modern world.

Targeted returns are projections based on assumptions in the Offering Memorandum and are not guaranteed.

This illustration is for informational purposes only and is not intended to provide specific financial, investment, tax, legal, or suitability advice.
The projected returns shown are hypothetical and based on the assumptions within the Offering Memorandum.
Actual results may differ significantly due to market conditions, fees, taxes, and other factors.
Past performance is not indicative of future results. No assurance or guarantee of any investment outcome is expressed or implied.
See the Offering Memorandum for more information. Subscriptions available through Drake Financial Ltd. an Ontario Securities Commission registered Exempt Market Dealer.
Any investment decisions should be made after consultation with our Exempt Market Dealer.
This material does not constitute an offer to sell or a solicitation to buy securities and is provided for discussion purposes only.

Subscriptions available through Drake Financial Ltd., an Ontario Securities Commission registered Exempt Market Dealer. For suitability, contact Amir Frcic, Dealing Representative, at +1 (905) 949-9119. Zakat and estate-planning information is educational only and not a religious ruling or legal advice; consult a qualified scholar and advisor.