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Manzil provides Islamic finance products, including halal financing, investment, and savings solutions.
Founded in 2017 and based in Toronto, Canada, Murabaha Inc., doing business as Manzil, provides Islamic financial services, including savings, investment, and home-related solutions. Its offerings include RRSPs, RESPs, TFSAs, mortgage and equity funds, Zakat, real estate, wills, and cards. In May 2022, it raised CAD 2.44 million in seed funding led by THINK Financial, with participation from The Holt Exchange, Innate Capital Partners, and Jasaya Investments. The founders are CEO Mohamad Sawwaf, COO Mohamad Vedut, and CFO Mustafa Elkalza.
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