Halal symbol representing Shariah-compliant real estate investment in Canada.

Tawakkul Real Estate Investment Trust (REIT)

12% Target IRR | RRSP/TFSA Eligible.

Halal symbol representing Shariah-compliant real estate investment in Canada.

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Highlights

If you would like to learn more about whether an investment in the Tawakkul REIT is suitable for you, please contact  Amir Frcic at 905.949.9119, a registered dealing representative.

If you would like to learn more about the business of Ahmed Group, please contact 905.949.0999.

Pipeline
$ b+
Accredited
NI45-

Community Partnerships

Investment Growth Calculator

%
  • This illustration is for informational purposes only and is not intended to provide specific financial, investment, tax, legal, or suitability advice.
  • The projected returns shown are hypothetical and based on the assumptions within the Offering Memorandum.
  • Actual results may differ significantly due to market conditions, fees, taxes, and other factors.
  • Past performance is not indicative of future results. No assurance or guarantee of any investment outcome is expressed or implied.
  • See the Offering Memorandum for more information. Subscriptions available through Drake Financial Ltd, an Ontario Securities Commission registered Exempt Market Dealer.
  • Any investment decisions should be made after consultation with our Exempt Market Dealer.
  • This material does not constitute an offer to sell or a solicitation to buy securities and is provided for discussion purposes only.

Overview of the Trust

Invest in Purpose-Built Communities Across the GTA and Canada


Tawakkul REIT is a private real estate investment trust focused on developing, acquiring and managing income-generating, medium- and high-density rental properties throughout the Greater Toronto Area and Canada.

The Trust is managed by Ahmed Asset Management Inc., a vertically integrated firm with experience across development, asset management, and property operations.

Key Features & Strategy

What Makes Tawakkul REIT Unique

Target Return

Up to 12% IRR over 10 years!

Structure

Real Estate Investment Trust

Tax Advantage

Registered plan eligible (RRSP, RRIF, TFSA)


Redemptions

Quarterly with 30-day notice


Management

Experienced team with $2B+ development pipeline

Impact

Joint ventures with masjids and non-profits to deliver inclusive, values-aligned communities


Sample Projects

Current Developments in the Pipeline

Mississauga rental towers symbolizing Tawakkul REIT's Shariah-compliant investment led by Ahmed Group.

AG |Dundas I (Mississauga)

568 units over a six-storey podium in a transit-connected location


Mississauga rental development showcasing senior residences by Ahmed Group.

AG | Mississauga Senior Residences & AG | The Pearl (Mississauga)

Senior-oriented projects with 225 and 142 units respectively


Mississauga senior residences nestled amid landscapes, offering Shariah-compliant living options.

Peace Village (Ontario & Quebec)

Affordable housing anchored by spiritual, educational, and health infrastructure

These conceptual and active developments align with the Trust’s objective to deliver social and financial value through ethical community development.

Terms

Offering Snapshot

Issuer

Tawakkul REIT


Launch Date

Targeted for 2025


2025


Offering Type

Private Offering via Offering Memorandum


Maximum Issue Size

$150,000,000


Minimum Investment

$500

 

Purchases

Monthly

Redemptions

Quarterly (30-day notice)

Trustee

TSX Trust Company

Eligibility

Only available to investors who meet the definition of “accredited investor” under NI 45-106. Investors must subscribe through a registered Exempt Market Dealer (EMD).

Eligibility Requirements

Please review the Exempt Market Dealer (EMD) eligibility requirements applicable to Tawakkul REIT and determine which investor category applies to you (accredited, eligible, or non-eligible). Eligibility does not guarantee acceptance. Please note that participation by foreign investors may be limited.

General requirements

Accredited Investors

Eligible Investors

Non-Eligible Investors

STAY CONNECTED WITH AHMED GROUP

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Legal Disclaimer

Other Investment Opportunities

Core Shariah-compliant strategy of Tawakkul REIT.

Asset-backed Shariah-compliant income strategy.

Invest in real estate from $500.

RRSP, TFSA, FHSA, RESP, LIRA, RRIF eligibility.

Common questions on TFSA, RRSP, FHSA investing.