This is known as a Rent to Own or Ijarah Muntahia Bit Tamleek which is what we at Ijarah Finance specialise in. The key Islamic banking and finance products used in Australia by both Bank & Non-Bank entities is known as Ijarah Muntahia Bit Tamleek. You will find almost all Islamic banking and finance providers using this Ijarah Finance methodology. In Australia, there a few funding lines originating from large banks, institutional funders, Australian Capital Funding bodies and Super Funds that Islamic Banking & Finance entities use to create Islamic Finance products. These entities are generally shariah compliant with Shariah Compliant Boards who oversee the products and structures developed.
The proposed assets to be included in the final portfolio will finally be certified as Shariah-Compliant by ISRA Consulting after they have reviewed the final investments that we select after IdealRatings’ screening process.
Information on this website does not take your personal circumstances, needs or objectives into account.
Some Sharia Home Loans Australia products actually speed up the transfer of property ownership while others provide the option of lower payments if you make lease payments only.
You may find your deal more expensive due to the particular nature of Islamic mortgages and the fact that there aren't many providers.
MCCA Islamic Home Finance Australia Shariah Compliant Halal Finance Muslim mortgage
by Clara Mackinnon (2023-07-27)
This is known as a Rent to Own or Ijarah Muntahia Bit Tamleek which is what we at Ijarah Finance specialise in. The key Islamic banking and finance products used in Australia by both Bank & Non-Bank entities is known as Ijarah Muntahia Bit Tamleek. You will find almost all Islamic banking and finance providers using this Ijarah Finance methodology. In Australia, there a few funding lines originating from large banks, institutional funders, Australian Capital Funding bodies and Super Funds that Islamic Banking & Finance entities use to create Islamic Finance products. These entities are generally shariah compliant with Shariah Compliant Boards who oversee the products and structures developed.