Empowering Australian Muslims to build a halal financial future

We work through accredited brokers. Here's how to apply:

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  1. Talk to your broker, or contact us and we can refer you to an accredited broker. Call +61 2 7202 7900 or use our contact form.

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  2. Your broker explains your options, confirms the documents you need and submits your application.

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  3. If your application meets the financier's criteria, you'll receive an approval, and your solicitor or conveyancer arranges settlement.

Halal (permissible) property investing means investing in property in a way that complies with Islamic (Shariah) law and principles. At Riyadh Financial Services, this is achieved through offering Shariah-compliant property financing solutions — enabling clients to acquire property without the use of interest (riba) or engaging in impermissible (haram) financial practices. Key principles of Halal Property Investing include: - No interest (riba) — financing structures are based on rent (Ijarah, a lease) or a partnership (Diminishing Musharakah, or musharakah mutanaqisah), not interest-bearing loans. - Asset-backed transactions — financing is always linked to tangible property. - Avoidance of prohibited industries — clients should avoid investing in properties used for activities forbidden in Islam (such as alcohol, gambling, pork-related businesses, or other haram activities). - Ethical and transparent contracts — our financing structures are reviewed by our Shariah adviser, and we explain how each one works. Our role is to help clients access property finance that aligns with their faith and values. We do not offer property investment advice.

Riyadh Financial Services offers Shariah-compliant (in line with Islamic law) property finance. Our financing products are structured to avoid interest (riba) and excessive uncertainty (gharar). Our Shariah governance includes: - Review of our Ijaar and Al-Mustaqbal product structures by Riyadh Financial Services’ Shariah adviser (ask us for the current Shariah certificate and the products it covers) - A Shariah compliance module and assessment that every broker completes before full accreditation We explain how each structure works, and you’re always welcome to seek your own scholar’s view.

Ijarah Muntahia Bittamleek is a Shariah-compliant lease that ends in ownership. Here’s how it works: - The financier appoints you as its agent (wakeel, under a Wakalah agency agreement) to buy the property on its behalf. You become the registered owner, and the financier holds a registered mortgage and a beneficial interest (an ownership share) in the property. - You make regular rental payments (Principal and Rental, or Rental Only). The financier earns rent on a real asset, not interest on money lent. - When all payments are made, the mortgage is discharged and the financier’s interest passes to you. Under Australian law, the legally binding documents are a credit contract (regulated by the National Credit Code where it applies, such as finance to individuals for a home or residential investment property) and a registered mortgage. This structure lets you buy property without riba, and it is reviewed by our Shariah adviser. It is used for both owner-occupied and investment properties. Ijaar comes from the Arabic word for lease, reflecting the Ijarah (lease-to-own) structure our home finance uses.

Diminishing Musharakah (musharakah mutanaqisah, a partnership that reduces over time) is a Shariah-compliant partnership. We use it for Al-Mustaqbal SMSF finance. Here’s how it works: - Your SMSF and the financier both contribute to the property. A bare trustee holds legal title for your fund from settlement. - Your fund makes payments over time to buy out the financier’s contribution. - Your fund also pays a dividend on the financier’s remaining contribution. - On the final payment, legal title passes to your fund. The financier holds a mortgage, not a share of the title. Al-Mustaqbal SMSF is for commercial property purchases only. A residential property qualifies only if it's business real property. Refinancing existing SMSF finance isn't available. Under Australian law, it is documented as a limited recourse borrowing arrangement for your SMSF, secured by a mortgage. The financier’s recourse against your fund is limited to the property, and every fund member gives a personal guarantee. It avoids riba because the financier’s return comes from a partnership, not from lending money for money.