Build wealth with a smart portfolio that complies with Islamic law.
Our Halal Investing portfolio is a simple and low-cost way to grow your money. Your portfolio is optimized not only for performance, but for companies and investments that comply with Islamic law. Learn more about the companies we invest in and how they are screened.
All investments are screened by a third-party committee of Shariah scholars
No investment in companies that profit from gambling, arms, tobacco, or other restricted industries
No businesses that derive significant income from interest on loans
The Halal Investing portfolio includes 50 stocks selected to track the market as closely as possible and optimize for diversification. Your money is invested in companies around the world to minimize risk and maximize reward.
Accounts that fit your goals
Our most common retirement account that lets you avoid taxes and pay them after you retire.
A popular savings account that lets you avoid taxes on the gains you make over time.
Our most common taxable account for the extra money you want to invest after maxing out your RRSP and TFSA.
Help save money for a child's education while lowering tax burden and taking advantage of government matching.
For those 71 years of age and older, who would like to convert their RRSP account.
If you have a pension from a former employer but are not yet retired.
For accounts with multiple owners, such as married couples and business partners.
For business owners that want to take advantage of lower corporate income tax rates.
Are you paying higher fees elsewhere on your RRSP, TFSA, or other accounts? You don’t have to. Transfer any accounts with more than $5,000 to Wealthsimple and we’ll cover the administrative transfer fees the other company charges you.
Over $5B and counting - More than 175,000 people trust over $5 billion with Wealthsimple companies
Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection
Insurance and protection - All of our accounts have standard insolvency and deposit protection
Powerful backing - Wealthsimple is backed by $265M in investment from some of the world's largest financial institutions
We keep your money safe
The simple way to grow your money like the world’s most sophisticated investors.
Pay 0.5% management fee
Expert financial advice
All Basic plan features
Reduced 0.4% management fee
Financial planning session
Tax loss harvesting
Tax efficient funds