June 10, 2025 Edmonton, AB — With the blessings of Allah (SWT), the Canadian Islamic Finance Board (CIFB), an initiative led by Al Rashid Mosque, is proud to announce the launch of Alberta's first Halal Mortgage, in collaboration with Servus Credit Union and the Government of Alberta.

Effective immediately, we have severed our business relationship with CHFC.

Alberta’s government is working with the Alberta Council of Imams and the Al Rashid Mosque to explore opportunities for Islamic compliant, or halal, financing.