Privacy Policy
Tjara Financing (“Tjara”) is committed to maintaining high standards of confidentiality and protection of the information that has been provided to us. Our collection, use and disclosure of your personal information are governed by applicable privacy legislation in Ontario and Canada.
Personal Information
The Musharaka structure is based on joint ownership in a property, making Tjara & the customer partners. As a partner, Tjara is sharing the risk on the property and offering to sell their shares that are owned to the other partner, gradually. This type of financing is considered to be Halal because it is based on a partnership structure, as well as the principles of risk sharing and fairness.
Collection, Use and Disclosure
Personal Information is any information about an identifiable individual or that permits an individual to be identified. Generally, Personal Information does not include your name, business address or business contact information, such as your business title, email address or phone numbers, which you provide to us for business purposes.
Tjara generally collects Personal Information that you voluntarily provide, but we may also collect information from third parties and as agents on behalf of our clients where we or they have obtained the requisite consent, or as otherwise permitted or required by law. We may also collect information through our website, although that information is typically restricted to your name and email address.
We will obtain your consent prior to collecting, using or disclosing Personal Information for any purpose, except where otherwise permitted or required by law. Consent may be provided orally or in writing, or may be implied, such as where you continue to provide Personal Information to us in the context of our ongoing Solicitor-Client relationship, or where you provide members of our firm with non-business contact information in connection with our service offerings.
By disclosing Personal Information to us, you consent to our collection, use and disclosure of such Personal Information in accordance with this Privacy Policy and as permitted and required by law. To the extent that you provide Personal Information of another individual to us, you represent that you have the necessary consent or authority to permit us to collect, use, and disclose such Personal Information for the purposes set out in this Policy.
We collect, use and disclose Personal Information primarily to provide advice, referral and other services to clients and prospective clients, for administrative, client management purposes, and to market and deliver our services, and as otherwise permitted or required by law.
We only keep Personal Information as long as it is required for the reasons it was collected or to comply with law or professional standards. We have procedures dealing with the destruction or deletion of Personal Information no longer required for the purposes for which it was collected.
Retention
The amount of time we will retain your Personal Information will vary depending on the services we have provided to you and the nature of the Personal Information we hold. This period typically extends past your immediate relationship with us, but will be only as long as it is necessary for us to maintain sufficient information to respond to any issues that arise at a later date and as required by law. Once the Personal Information is no longer needed, we will utilize the procedures we have in place to safely destroy, delete, erase, or otherwise dispose of the information, or to convert it into aggregated non-identifying form.
Security
Your Personal Information is treated as private and confidential by Tjara. We strive to ensure that your Personal Information, regardless of format, is protected and kept secure at all times. Most methods of communication are not fully secure and security measures may create challenges to the efficient exchange of information. Email is often our preferred method of communication and, unless you object, we typically use unencrypted plain text emails when communicating with you. We note that sensitive information should not be provided via email.
Third Parties
We may from time to time use third party service providers, contractors or service providers (“Agents”) to perform certain functions for us, such as officer services and data processes. In these circumstances, said Agents are contractually bound to safeguard the Personal Information transferred to them with measures comparable to that provided by us to you and described in this Policy. These Agents will not retain, use or disclose Personal Information transferred to them for any purpose other than the provision of services to us. Personal Information supplied to us by you is confidential and we do not distribute such information to Agents, except with your consent or as permitted or required by law.
Tjara does not sell Personal Information to third parties.
Our Website and Third Party Websites
The only information we collect through our website is the information voluntarily supplied by you if you contact us through the website. We do not employ any electronic means to automatically collect Personal Information from any visitor or user of our site or from their computers.
Our website may contain links to other websites which may collect your Personal Information. We do not assume any responsibility for the privacy practices, policies or actions of the third parties operating these websites. You should read the privacy policies of these websites and make an informed decision respecting whether or not to provide your Personal Information to the websites’ operators.
Amendments
Tjara reserves the right to change this Privacy Policy, and any of our policies and procedures concerning our practices for handing Personal Information without prior notice to you. We will inform you on our Website if we have amended the Privacy Policy, and any such changes will apply to the information collected as of the effective date of the amendment. The amended Privacy Policy will also apply to Personal Information Tjara holds prior to the effective date of the amendment.
Accessing your Personal Information
In providing any Personal Information to us, whether through the website or otherwise, you consent to the collection, use and disclosure of that information in accordance with this Privacy Policy. You have the right to verify and amend the Personal Information collected by us. You are also free at all times to withdraw your consent to the collection, use and disclosure of your Personal Information. You have the right to access your Personal Information. Please note that these rights are not absolute; however, if we deny your request for access, we will provide reasons for doing so.
If you wish to access, verify and/or amend your Personal Information, or make a complaint under this Privacy Policy, please send us a written notice at the address below: