Insights

Halal Fintech Expansion Manzil is accelerating its growth through strategic acquisitions and cross-border expansion, including the US market and acquisition of Canadian Islamic Wealth and Aghaz Investments, presenting opportunities to offer allied Islamic financial products and partnerships in new regions.

Wealth Platform Launch The recent launch of the Manzil Wealth Platform as Canada’s first comprehensive halal wealth management solution signals a scalable product ecosystem ripe for enterprise partnerships, white-labeling opportunities, and B2B distribution to Islamic financial advisors and community banks.

Shariah-Compliant Focus Manzil’s core positioning around halal home financing and halal investments targets a clearly defined, ethically minded client segment, enabling targeted cross-sell between mortgage financing, wealth management, and advisory services to Muslim consumers and institutions seeking compliant offerings.

Strategic Talent Moves Hiring a senior wealth advisor from Canadian Islamic Wealth and integrating into Manzil Wealth indicates a strong capability build for premium advisory services, suggesting upsell opportunities for high-net-worth clients and institutional partnerships in wealth management.

Regional Growth Signals Recent US expansion and a notable funding level imply solid growth momentum and potential demand in North American markets for Shariah-compliant financial solutions, inviting collaborations with fintech platforms, banks, and faith-based community networks.

Similar companies to Manzil

Manzil Tech Stack

Manzil uses 8 technology products and services including Google Ads, Amazon Web Services, WordPress, and more. Explore Manzil's tech stack below.

Media & News

Manzil's Email Address Formats

Manzil uses at least 2 email formats:
Manzil Email FormatsExamplePercentage
First@manzil.caJohn@manzil.ca
95%
FirstLast@manzil.caJohnDoe@manzil.ca
5%

Frequently Asked Questions

What is Manzil's stock symbol?

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Manzil is a publicly traded company; the company's stock symbol is MNZL.

What is Manzil's official website and social media links?

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Manzil's official website is manzil.ca and has social profiles on LinkedIn and Crunchbase.

How much revenue does Manzil generate?

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As of October 2026, Manzil's annual revenue is estimated to be $1M - $10M.

What is Manzil's NAICS code?

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Manzil's NAICS code is 52 - Finance and Insurance.

How many employees does Manzil have currently?

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As of October 2026, Manzil has approximately 54 employees across 3 continents, including North America, Asia and Europe. Key team members include Chief Technology Officer: Y. L., Head Of Product: S. E. H. and Founder & Group Chief Executive Officer: M. S. د. م. ص. Explore Manzil's employee directory with LeadIQ.

What industry does Manzil belong to?

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Manzil operates in the Financial Services industry.

What technology does Manzil use?

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Manzil's tech stack includes Google Ads, Amazon Web Services, WordPress, Zendesk, Google Workspace, Google Cloud, WhatsApp Business and Piwik.

What is Manzil's email format?

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Manzil's email format typically follows the pattern of First@manzil.ca. Find more Manzil email formats with LeadIQ.

How much funding has Manzil raised to date?

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As of October 2026, Manzil has raised $3.2M in funding. The last funding round occurred on May 31, 2022 for $1.9M.

When was Manzil founded?

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Manzil was founded in 2017.
Manzil logo

Manzil

Financial ServicesOntario, Canada51-200 Employees

Manzil operates in the financial services sector from Toronto, Ontario, offering halal home financing and halal investment solutions aligned with ethical and spiritual obligations. It targets ethically-conscious individuals seeking Shariah-compliant means to meet housing needs or grow wealth. The firm’s purpose is to balance current financial needs with longer-term ethical considerations.

In November 2024, Manzil launched the Manzil Wealth Platform, Canada's first comprehensive halal wealth management solution.

Section iconCompany Overview

Website
manzil.ca
Stock Symbol
MNZL
NAICS Code
52 - Finance and Insurance
Founded
2017
Employees
51-200

Section iconFunding & Financials

  • $3.2M

    Manzil has raised a total of $3.2M of funding over 6 rounds. Their latest funding round was raised on May 31, 2022 in the amount of $1.9M as a Seed.

  • $1M - $10M

    Manzil's revenue is estimated to be in the range of $1M - $10M

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