Peace of mind with a worry-free investment.
Get more out of your money while earning a Halal income with the help of Moya Financial.
SUKUK SHARIAH COMPLIANT
NON-REDEEMABLE TERM DEPOSIT
Looking for smart, sustainable long-term growth? We have you covered.
Are you looking to generate higher investment returns, but do not need them right away? Then make the smart choice by investing your money in a Shariah Compliant Non-Redeemable Term Deposit that pays a higher distribution ratio.
Safe, secure, and with a long-term outlook on your finances that prioritizes dependable, predictable returns on your investment.
FEATURES
- Shariah compliant
- Minimum investment of $5,000
- 1-, 3-, and 5-year terms
- Secure, low-risk investment
- Stable growth
- Funds cannot be redeemed prior to maturity*
- Automatically renews at maturity unless you choose to redeem it
- Available for both registered and non-registered products
- Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA)
- Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA)
SUKUK SHARIAH COMPLIANT
REDEEMABLE TERM DEPOSIT
When you get more than you banked on, that’s the Moya advantage.
With a Sukuk Shariah Compliant Redeemable Term Deposit, you’ll build your investment portfolio with a higher-than-standard return paired with withdrawal flexibility!
Earn a higher return on your investment than a basic savings account.
FEATURES
- Shariah compliant
- Minimum investment of $5,000
- 1-year term (365 days)
- Secure, low-risk investment
- Partial or full funds may be redeemed prior to maturity*
- Automatically renews at maturity unless you choose to redeem it
- Not available for registered products
- Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA)
SUKUK SHARIAH COMPLIANT
GROWING RATE TERM DEPOSIT
We’ve got your long-term financial goals in mind at Moya.
The Sukuk Shariah Compliant Growing-Rate Term Deposit (GRTD) lets you earn distributions on your deposit and build your investment with a return that increases every single year of the term.
Sit back, relax, and watch your investment grow. Safe, secure, and with a long-term outlook on your finances that prioritizes dependable, predictable returns on your money.
FEATURES
- Shariah compliant
- Available as a non-redeemable term deposit
- Minimum investment of $5,000
- 5-year term
- Secure, low-risk investment
- Returns increase every year
- Not redeemable before maturity, but with an option to redeem on 3-year anniversary
- Automatically renews at maturity unless you choose to redeem it
- Available for both registered and non-registered products
- Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA)
- Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA)
How it works
- A depositor deposits money with Moya Financial into a Shariah Compliant Term Deposit Account using the Mudarabah concept of financing.
- Moya Financial invests the money into its Shariah Compliant Mortgage Portfolio using the Aya Property Financing Model.
- The portfolio generates returns, which Moya Financial collects.
- Moya Financial pays returns to the depositor after deducting its management fees (based on an agreed distribution ratio).
Getting started is easy
Stop by a branch and introduce yourself! Or better still, book an appointment in advance so we’re ready to set up your account when you get to the branch.
AYA Product Inquiries
T: 647-479-6063
E: [email protected]
Visit us online at AyaFinancial.com.
Let our team of experts help build your financial plan for the future.
Contact us to book an appointment today.
Call: 416 255 1742 ext. 208
Email: [email protected]
