Iba

Globally, Islamic Financial Services continues to grow as an industry, and have continued to expand into new markets reflecting the demand and commercial viability of such products. However, despite the sizable Muslim population in Australia, there has not been an Australian based Islamic bank and integrated financial services offering. Our venture seeks to be the first fully Sharia’h compliant financial services and banking operation to provide Sharia’h based financial products and services to this market in Australia. We consider the establishment of an integrated Islamic Financial Services operation including a bank in Australia will enhance the financial services marketplace in Australia.