Tawakkul Real Estate Investment Trust (REIT)
12% Target IRR | RRSP/TFSA Eligible.
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Highlights
- 12% Target IRR
- RRSP / TFSA / RRIF Eligible
- Halal & Shariah-Compliant Trust
- $2B+ Development Pipeline
- Inclusive, Purpose-Built Communities
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.
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
Mutual Fund 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
AG |Dundas I (Mississauga)
568 units over a six-storey podium in a transit-connected location
AG | Mississauga Senior Residences & AG | The Pearl (Mississauga)
Senior-oriented projects with 225 and 142 units respectively
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)
Fees
1.25% management fee, 20% performance fee above 8% hurdle (with high-water mark)
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 ymestment interTawakkul REIT and determine which investor category applies to you (accredited eligible, or nonveligible). Eligibilitydoes not guarantamacceplance. Please note that participation daysfareign investors maybe limited.
General requirements
- Investors must be the age of majority and have a Canadian bank account
- Investors must be a Canadian Resident
Accredited Investors
- Over $1m in Net Financial Assets
- Or, Earn over $200k Annually
- No limit on maximum amount invested
Eligible Investors
- Earn over $75k Annually
- Maximum amount to invest in a single calendar year $100k
Non-Eligible Investors
- Does not meet the Eligible or Accredited status
- Maximum amount to invest in a single calendar year $10k
STAY CONNECTED WITH AHMED GROUP
Be the first to receive important company news, industry insights, and updates on our initiatives addressing Canada’s housing needs.
By subscribing, you will gain access to:
- Key announcements on new projects and milestones
- Market commentary and thought leadership from our team
- Invitations to select briefings and community events
This mailing list is intended for informational purposes only. It does not constitute an offer to sell or a solicitation to buy securities.
Legal Disclaimer
Other Investment Opportunities
- Tawakkul Fund — Core Shariah-compliant strategy of the Tawakkul Reit.
- Ethical Income Fund — Asset-backed Shariah-compliant income strategy.
- AG Halal MIC — Canada's first Shariah-compliant Mortgage Investment Corporation.
- AG Halal Mortgages — Riba-free home and project financing using the Ijarah model.
- AG Limited Partnerships — Rental community development investments.
- Small Ticket Program — Invest in real estate from $10,000.
- Share Swap Program — Convert property ownership into Trust units.
- Invest Through Registered Accounts — RRSP, TFSA, FHSA, RESP, LIRA, RRIF eligibility.
- Investment FAQ — Common questions on TFSA, RRSP, FHSA investing.
Contact Ahmed Group for investment enquiries.