Is there any Islamic financing bank or institute in Canada? ?

Question

Is there any Islamic financing bank or institute in Canada? ?

Answer 1

Islamic Co-operative Housing Corporation Ltd. The Financial Services Commission of Ontario has been regulating the Islamic Co-operative Housing Corporation since the 1980s, which has been offering Islamic mortgages across Canada. In addition, Royal Bank of Canada has developed a portfolio of Shari'ah linked notes for its private banking division and offered a similar retail investment product through its branches in 2004. The Co-operators Insurance company offers Takaful and Islamic mutual funds have been marketed in Canada for more than a decade.