ICFAL is a prominent Islamic Finance provider established in 1998. The company operates in several Australian regions, including NSW, ACT, Western Australia, Queensland, Victoria, and South Australia, offering Shariah-compliant finance for housing, vehicles, and community infrastructure. With its headquarters in Parramatta, Western Sydney, ICFAL has grown to employ five dedicated staff members, ensuring compliance with Islamic financial guidelines while adhering to Australian financial regulations. The inception of ICFAL was prompted by Mufti Muhammad Taqi Usmani's advocacy of Shariah-compliant financial institutions, leading to its formation in 1998.
ICFAL provides a range of financial products, including ordinary accounts, Children’s Investment Fund, Superannuation fund accounts, Hajj fund accounts, Zakat fund accounts, as well as home finance, car finance, and Qard ḥasan (Hardship finance). Specializing in Financial Services and Wealth Management, ICFAL has been leaving a positive impact on the community since its establishment, aligning with its slogan, "Impacting the community since 1998. Live Ethical, Live Rewarded!" However, specific details regarding recent investments and investors are not available at this time.
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