Yes — Tawakkul REIT units can be held in a self-directed RRSP.
Your retirement savings deserve better than riba. Tawakkul puts them into income- producing Canadian real estate — zero debt, zero interest, backed by an official Fatwa.
No bank in Canada offers halal real estate inside an RRSP. Tawakkul does.
The RRSP is a container. What you put inside it is what matters.
Most RRSPs sit in interest-bearing funds by default. Tawakkul replaces that with direct ownership in real assets — no leverage, no riba, no compromise.
TSX Trust Company as Trustee. PwC as auditor. McMillan LLP as counsel. Drake Financial Ltd. as licensed exempt market dealer. Official Fatwa from the Islamic Finance Advisory Board.
No debt. No riba. No compromise.
18% of earned income, up to $33,810
Most Canadians have far more room than they think
Contributions reduce your taxable income this year
$500
12% IRR (5% cash distributions + 7% NAV growth)*
Yes. RRSP-to-RRSP transfers are tax-free and use no contribution room.
Yes. Olympia Trust issues official RRSP receipts for your tax return.
Contributions in the first 60 days of the year can be deducted against the prior tax year.
Scholars hold differing views — some calculate zakat on the full account value, others on the after-tax accessible value. Tawakkul is guided by the Islamic Finance Advisory Board, chaired by Dr. Mohammad Iqbal Masood Al-Nadvi. We encourage investors to consult a qualified scholar; our team can connect you with IFAB guidance.
You can name a beneficiary directly on the account. Naming your spouse allows a tax-deferred rollover, and beneficiary designations generally bypass probate. Speak with an advisor about aligning your designations with Islamic inheritance principles.
Tawakkul REIT charges a 1.25% annual management fee, disclosed in the Offering Memorandum. Registered accounts also carry Olympia Trust’s flat annual administration fee per its published schedule. Every fee is on the page before you invest — no hidden charges, no interest spreads.
Targeted returns are projections based on assumptions in the Offering Memorandum and are not guaranteed.
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.
Fill in your details to subscribe to our mailing list and receive important news, updates, and insights.
