Like many countries around the world, Islamic financing is also gaining popularity in Australia. According to Islamic finance mortgage broker Adam Abu Sohaib, Islamic finance operates in line with Australia’s financial laws and banking regulations. Learn more in this podcast.
According to Islamic finance mortgage broker Adam Abu Sohaib, home financing under Islamic finance must comply with Australian financial laws.
Watch the video of this podcast.
Adam Abu Sohaib says this model usually runs through pooled investor funds, where no interest is charged or paid, and returns are shared based on profit and loss, unlike conventional interest-based loans.
This podcast provides general information only. For financial matters tailored to your specific circumstances, please consult a qualified professional adviser.
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