Understanding how Islamic Home Financing works

 

A seminar to discuss Islamic Home Financing in the Canadian context. Some of the topics that will be discussed include:

  • Differences between conventional mortgage and Islamic home financing
  • Overview of Islamic financial contracts used for home financing: Ijarah, Murabaha and Diminishing Musharakah
  • Regulatory and tax issues with Islamic home financing in Canada – land transfer taxes and issue of double taxation
  • Details about Islamic housing cooperative model
  • Ruling by ‘European Council for Research and Fatwa’ allowing conventional mortgages under certain conditions  

Presenter: Abdul Shakoor Dalvi, MBA-Finance, CIFP—Chartered Islamic Finance Professional and Canadian Securities Course

When: Friday 26th August, 2016; Maghrib to Isha

Where: Masjid Toronto – 168 Dundas St. West

Posted August 19th, 2016 in Featured, Programs

Ramadan 2016 / 1437 Hijri – Taraweeh Prayers in Masjid Toronto

Posted July 1st, 2016 in Featured, Imam

Sleep, Sleep Disorders and Sleep Hygiene (Ramadan)

 

Masjid Toronto hosted a special program on ‘Sleep, Sleep Disorders and Sleep Hygiene‘.

Our speakers, Imam Dr. Wael Shehab & Dr. Abdullah Khayat spoke on the Islamic significance and morals of sleep and sleep disorders and sleep hygiene, respectively, specially with the month of Ramadan ahead of us.

 

Posted May 20th, 2016 in Featured, Programs

The Objectives of Fasting and Ramadan with Dr. Jasser Auda

 

A special guest is joining us at Masjid Toronto to talk about a significant and relevant topic of ‘The Objectives of Ramadan and Fasting‘. We welcome everyone to join on Sunday, May 22nd right after Dhuhr (1:30 pm).

Dr. Jasser Auda is the Executive Director of the Maqasid Institute, a global think tank based in London, and a Visiting Professor of Islamic Law at Carleton University in Canada. He is also a Founding and Board Member of the International Union of Muslim Scholars.
Lunch will be served after this lecture and a Q & A session.

Posted May 17th, 2016 in Events, Featured, Special

Family Day: Preparing for Ramadan with Sh. Ahmad Kutty

 

It’s time for families to meet, learn, and socialize at Masjid Toronto. All families and individuals are welcome to enjoy this good time at Masjid Toronto, on Saturday, May 14th, right after Dhuhr (1:30 pm).

The topic of this Family Day will be about ‘Preparing for Ramadan’. Joining us will be Shaykh Ahmad Kutty, resident scholar and senior lecturer at the Islamic Institute of Toronto, who will discuss how to prepare and spend Ramadan in the best way.
Lunch will be served. Families may bring desserts or cultural dishes to share with all.

Posted May 11th, 2016 in Events, Featured, Programs

Masjid Toronto Adelaide: Expansion

Al-hamdulillah Masjid Toronto has been able to secure another unit neighboring our Masjid in Adelaide St. for $1.8 million allowing us to expand our prayer space. This additional space will help us accommodate our ever-growing community and the professionals working in Downtown Toronto. With the support of our congregation, we know it is possible. With $300,000 already deposited, we are in need of 1500 congregants to pledge $1000 each to help us cover the remaining $1.5 million. With 5 months ahead of us to make the payment, each person would be donating $200 a month (or $50 every Friday). More »

Posted April 29th, 2016 in Announcements, Featured

Embrace Syrian Newcomers Initiative

 

We have identified an urgent need to help resettle the Syrian newcomers who are already in Canada. They have been housed in hotels on an interim basis, but a significant number of them will be moving to apartments that they have chosen for themselves.  Over 200 families are moving out in the next 6-8 weeks and the first few weeks will be critical in ensuring a smooth and successful integration.  There is a total of 500 families currently in hotels.


How you can help:

1) Donate towards a welcome kit for a Syrian newcomer – This welcome kit will contain everything that a family needs to get set up in their new homes, from cooking pots and utensils to bedding. Halal food will also be provided for the first few days. The cost of 1 family kit is $250. All receipts are tax deductible and are also eligible for Zakat.



 

2) Sign up as a support volunteer – This will be to provide logistical support  (Kit and meal delivery in first 24 hours, and on going support to the host).

Support Volunteer Form


3) Sign up for the Ansar Muhajiroon program
– This is a longer term commitment to be assigned as a ‘host’ with a specific Syrian newcomer family and to help them integrate into the society. This is a very rewarding position with a support network established to help the host.  If you agree to be a host you will:

a) Undergo a background check
b) Sign up for 2 hour training session. Those who sign up to be a host will get a separate email with training materials.
c) Be generally available at least 2 weekdays from 9:00 am to 5:00 pm to help the refugees in the first week
d) Speak Arabic or have someone in your family or circle of friends who speaks Arabic and is willing to help

 

 

Embrace Syria banner

 

Posted March 24th, 2016 in Featured, MAC, Volunteers