UM Financial UM Financial is Canada’s premier Islamic Financial Institution. In 2004, UM secured a $120 million Shariah compliant investment facility from Credit Union Central of Ontario for the purpose of financing residential properties. In addition UM has developed investment and deposit products with financial institutions in Canada and currently operates an investment fund along with a real estate brokerage. UM has appeared as the only Canadian entry in the list of the Banker magazine Top 500 Islamic Financial Institutions and has been profiled on the front page of the business sections of the three leading newspaper in Canada (Globe and Mail, National Post and Toronto Star). UM is member of the two largest Islamic Finance associations: Islamic Financial Services Board (IFSB) based in Malaysia and the Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) based in Bahrain.