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 […]

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) […]

In the heart of Australia, a financial revolution is quietly unfolding, offering a beacon of hope and inclusivity for those seeking to align their financial decisions with their ethical and religious values. Islamic finance in Australia is not just a niche market; it's a growing sector that presents a viable, interest-free alternative to conventional banking, […]

Introduction Islamic finance, a unique financial system that operates in compliance with the principles of Sharia, or Islamic law, has significantly marked its presence in the global finance arena. This article aims to explore how Sharia principles intricately guide Islamic financial practices, differentiating them from their conventional counterparts and highlighting their relevance in today's economic […]

Introduction to Ijarah Finance Ijarah, a term deeply rooted in Islamic jurisprudence, translates to 'leasing' in the conventional financial world. In Australia, a multicultural and economically diverse nation, Ijarah Finance is emerging as an ethical and viable alternative to traditional leasing methods. This comprehensive guide aims to demystify Ijarah, elucidate its principles, and explore its […]

In the journey to homeownership, financial acumen plays a vital role in determining how smoothly you can navigate the labyrinth of loan repayments. Among the financial tools that can potentially speed up this journey, and save you money, is offset accounts in Islamic Home loans. But what exactly is an offset account? How does it […]

National Australia Bank (NAB), guided by  Dr. Imran Lum, has been honoured with the Islamic Bank of the Year award at The Asset Triple A Islamic Finance Awards 2023. Though not primarily an Islamic bank, this recognition serves as an unequivocal endorsement of the strides NAB Islamic Finance has made in the sector, both within […]