From Newswire.ca: The Toronto Financial Services Alliance (TFSA) welcomed the release of a report prepared for Canada Mortgage and Housing Corporation (CMHC) that concludes that Islamic financing products - and, in particular, housing loans - can be accommodated under Canadian legal and accounting rules.

“The TFSA has recently established a working group to consider challenges and opportunities for Toronto related to Islamic finance,” said TFSA president Janet Ecker, “and these findings will be encouraging to our members.”………………………………Full Article: Source