Mortgage advisers are recalibrating their risk models after Anthony Albanese’s government secured a second term on Saturday, pledging a more muscular role for Canberra in housing supply, rent regulation and cost-of-living relief. Economists say the policy suite is unlikely to derail price growth in Australia’s tightest metropolitan markets, but it will reshape the composition of […]

Understanding Ijarah with Trust Structures in Islamic Finance Islamic finance follows principles that prohibit interest-based transactions (riba) and instead focus on ethical, asset-backed investments. For property financing in Australia, Ijarah with Trust Structures is a widely accepted Islamic financial solution, enabling investors to acquire properties in a Shariah-compliant manner while benefiting from asset protection and […]

On 22 January 2025, leaders in Islamic finance, wealth building, and community empowerment gathered at the Muslim Wealth Summit in Bankstown. Organised by Invest Wholesum, the event brought together industry figures such as Dr. Tanvir Uddin (CEO, Invest Wholesum), Selma Krcić (Director, Armada Advisors), and Sheikh Shabir Moosa (Director, CIEA). The summit focused on addressing […]

As a young professional working at Afiyah, balancing career ambitions with faith has always been a central focus for me. Recently, I explored Muhammad Faris’ book, The Barakah Effect, and listened to a related podcast featuring his insights. These experiences challenged me to rethink productivity—not just as a means to get more done, but as […]

There is an undeniable sense of comfort that comes from having a place to call your own. Traditionally, the idea of homeownership has been viewed as part of the ‘Australian Dream,’ representing a combination of financial security, stability, and personal pride. Yet in recent years, soaring property prices, a low supply of affordable homes, and […]

Investing in Australian property using Islamic finance provides a Sharia-compliant path to building wealth. At Afiyah Finance, we offer financing solutions that avoid interest (riba), using models like Ijarah (leasing) and Musharakah (partnership). Here are 10 practical tips to ensure your property investment success. 1. Choose the Right Property at the Right Price Real estate […]

When considering Islamic finance options, it’s essential to understand the specific terms and conditions that govern halal loans, as these financial products are structured to comply with Sharia law while also adhering to all relevant Australian legal regulations. A thorough understanding of these key elements is crucial for ensuring that your financial arrangements are both […]

SMSF Islamic Loan in Australia: An Overview In Australia, Self-Managed Super Funds (SMSFs) offer a unique opportunity for individuals to take control of their superannuation investments, particularly in property. Afiyah provides an SMSF product that introduces an innovative Sharia-compliant solution for property investment, aligning with both Islamic finance principles and Australian superannuation laws. This comprehensive […]

The National Consumer Credit Protection Act 2009 (NCCP Act) establishes a framework for regulating consumer credit and ensuring responsible and transparent practices among credit providers. When it comes to Islamic finance, one common product is Ijara Muntahia-bi-tamleek (leasing), which must align with both Sharia law and the NCCP Act. Key Considerations for Ijara Muntahia-bi-tamleek (Leasing) […]

Superannuation is a pivotal element of retirement planning in Australia, designed to provide financial security for retirees. This compulsory scheme mandates that employers contribute a portion of their employees' earnings into superannuation accounts, fostering a culture of savings and investment that benefits individuals and the broader economy. Despite its strengths, the superannuation system faces several […]