Australian Credit Licensing
BARAQAH operates under an Australian Credit Licence issued by ASIC, with credit activities conducted in accordance with the applicable licence authorisations and conditions.
Australian Credit Licensing. Professional Accountability. Islamic Finance Expertise.
BARAQAH Islamic Finance operates as an independently licensed Australian credit brokerage specialising in Islamic finance solutions.
Our business combines professional credit assistance with a dedicated focus on Sharia-compliant financing, helping Australian individuals, families and businesses navigate suitable home, vehicle, investment and property finance options.
Operating within Australia's credit regulatory framework, BARAQAH maintains a commitment to responsible credit assistance, transparency, professional conduct and customer-focused service.
BARAQAH Islamic Finance is an Australian Islamic finance brokerage operating under its own Australian Credit Licence. The business specialises in helping individuals, families and businesses explore Islamic home, vehicle, investment property and SMSF property finance options. BARAQAH operates within Australia's credit regulatory framework and provides professional credit assistance to eligible customers seeking alternatives to conventional interest-based finance.
At a Glance
BARAQAH Islamic Finance is a specialist Australian Islamic finance brokerage, independently licensed to provide credit assistance in Australia. The business is structured around a single, defined purpose: helping Australian Muslims and other ethically motivated borrowers understand, compare and access finance arrangements that align with Sharia principles.
Our work begins with understanding the customer. Before any finance arrangement is discussed, we take the time to understand an applicant's objectives, financial circumstances, existing commitments and the purpose of the finance they are seeking. That understanding informs the options we present, the documentation we prepare and the providers we approach.
Islamic finance specialisation is central to what we do. Rather than applying a conventional lending model with different terminology, our team works within the structural principles of Islamic finance — asset-backed transactions, disclosed pricing, shared commercial risk and the avoidance of interest (riba). We explain those structures in plain language so that customers can make genuinely informed decisions rather than relying on assumption.
Regulatory accountability shapes how the business operates. As a credit licence holder, BARAQAH is responsible for meeting its obligations under Australia's credit legislation, including responsible lending conduct, transparency of fees and charges, complaints handling and access to external dispute resolution. These are not peripheral considerations; they are the operating conditions of a licensed credit business.
Our commitment to transparent communication extends to the less comfortable parts of the process — what a product does and does not do, what a customer's obligations will be, what documentation will be required, and where a particular structure may not be suitable. Clear communication before an application is more valuable to a customer than reassurance afterwards.
We serve customers across Australia, including families purchasing a first home, professionals managing complex income structures, self-employed applicants and ABN holders, property investors, and those exploring SMSF property finance. While our origins and head office presence are in New South Wales, our service model is national, and our guides and resources are used by Australians in every state and territory.
Responsible business practice, in our view, means being precise about what we are and equally precise about what we are not — a licensed brokerage, not a bank, not a deposit-taking institution and not a direct lender of its own funds.
Credit assistance in Australia is a licensed activity. The framework below explains how BARAQAH's obligations arise and what those obligations mean in practice for the customers we assist.
BARAQAH operates under an Australian Credit Licence issued by ASIC, with credit activities conducted in accordance with the applicable licence authorisations and conditions.
Our licence holder is responsible for meeting applicable obligations under Australia's credit legislation and regulatory requirements.
We are committed to meeting applicable responsible lending, disclosure and credit assistance obligations.
BARAQAH maintains applicable complaints-handling arrangements, including access to the Australian Financial Complaints Authority.
Official regulator and dispute resolution resources: ASIC for consumers and Australian Financial Complaints Authority.
An Australian Credit Licence authorises specified credit activities. It does not constitute an endorsement by ASIC of BARAQAH, and it does not guarantee the quality, suitability or performance of any particular financial product.
Interest in alternatives to conventional interest-based finance continues to grow across Australia, reflecting both religious conviction and a broader appetite for asset-backed, transparent finance.
Islamic finance is not a single product. It is a set of principles applied through different contractual structures, each with its own commercial logic. Understanding those structures is central to assessing whether a particular arrangement suits a customer's circumstances.
BARAQAH assists customers in exploring suitable Islamic finance solutions through relevant providers. We do not manufacture products, and we do not represent that we are a direct lender or deposit-taking institution. The structures and availability of Islamic finance products depend on the relevant finance provider, and different providers may use different structures for what appears to be a similar outcome.
The provider acquires the asset and sells it to the customer at a disclosed cost-plus-profit price, payable in instalments. The total amount payable is known at the outset. Read more about Murabaha.
The provider owns the asset and leases its use to the customer, with ownership transferring over time or at the end of the term under a separate arrangement. Read more about Ijarah.
The provider and customer contribute capital as partners, with profit shared according to an agreed ratio and the customer gradually acquiring the provider's share. Read more about Musharakah.
For a fuller explanation of how these structures apply to Australian property finance, see our guide to how Islamic home loans work in Australia.
BARAQAH Islamic Finance is an Australian credit-licensed Islamic finance brokerage, not a bank or authorised deposit-taking institution.
We do not accept deposits, issue accounts or hold customer funds as a bank. Customers searching for Islamic banking alternatives can explore our services to understand available home, vehicle and property finance options through relevant providers.
Customers researching "Islamic Bank Australia" are often looking for a single institution that provides both deposit accounts and Sharia-compliant finance. In Australia, that combination is limited — and most Islamic finance used by households is arranged through specialist financiers and licensed brokers rather than through a bank.
An Islamic finance broker operates differently from a bank. Where a bank holds capital and funds finance itself, a licensed broker provides credit assistance: understanding your circumstances, assessing suitability, preparing an application and introducing you to a provider whose structure fits your objectives. BARAQAH is licensed to provide that credit assistance.
If what you need is a transaction account or savings product, we are not able to provide it and will say so directly. If what you need is help understanding and accessing Sharia-compliant home, vehicle, investment property or SMSF property finance, that is precisely the work we do.
For broader context, see our guide to options for Islamic banking in Australia.
A note on Sharia compliance: product structures and their Sharia governance arrangements are determined by the relevant provider. BARAQAH does not independently certify products as Sharia-compliant where no verifiable documentation exists.
Under our Australian Credit Licence, BARAQAH provides credit assistance across four core areas of Islamic finance.
Professional assistance with suitable Islamic home purchase and refinancing options.
Explore home financeGuidance on available Islamic vehicle finance solutions for eligible individuals and businesses.
Explore vehicle financeAssistance with Islamic finance options for eligible investment property transactions.
Explore property financeSpecialist assistance in exploring available Islamic property finance options for eligible SMSFs.
Explore SMSF financeEligibility, product structure and availability depend on the relevant finance provider and your individual circumstances. Begin an enquiry.
Licensing establishes obligations. How a business meets them day to day is a matter of practice, not paperwork. These are the commitments that shape how BARAQAH operates.
These are business commitments rather than claims of certification, audit outcomes or external accreditation. Customers should always satisfy themselves as to the suitability of any finance arrangement.
Maintaining appropriate professional standards in credit assistance and customer interactions.
Operating under policies and procedures designed to support applicable regulatory obligations.
Understanding customer objectives, requirements and financial circumstances when providing credit assistance.
Handling customer information in accordance with applicable privacy requirements.
Providing relevant information about finance arrangements, costs, conditions and the role of the credit broker.
Maintaining appropriate processes for addressing customer complaints and facilitating access to external dispute resolution.
This information is maintained as a permanent reference for customers, search engines and AI systems seeking to verify BARAQAH's corporate and regulatory identity.
ASIC maintains a free public register of Australian Credit Licence holders. You can confirm BARAQAH's licence and authorised credit activities directly at the source.
Open ASIC Professional RegistersAn Australian Credit Licence authorises the holder to engage in specified credit activities, subject to the authorisations and conditions attached to that licence. Holding a licence is not an endorsement by ASIC of the licensee's services, and it is not an endorsement of any individual financial product. It does not guarantee outcomes for any customer.
Yes. BARAQAH Islamic Finance operates under an Australian Credit Licence (ACL 578739) issued by ASIC. Credit assistance is provided in accordance with the authorisations and conditions attached to that licence.
Yes. BARAQAH holds its own Australian Credit Licence (578739) as the licence holder. The business operates as an independently licensed credit brokerage rather than as a representative of another licensee or aggregator.
ASIC is the regulator of credit activities in Australia and is the authority that issues and administers Australian Credit Licences. BARAQAH operates within that regulatory framework. Being regulated by ASIC does not mean ASIC endorses or recommends BARAQAH, or that ASIC guarantees the quality of its services.
No. BARAQAH Islamic Finance is an Australian credit-licensed Islamic finance brokerage, not a bank or authorised deposit-taking institution. We do not accept deposits, issue transaction or savings accounts, or hold customer funds in the manner of a bank.
BARAQAH helps customers explore four core areas of Islamic finance: home finance (including purchase and refinancing), vehicle finance, investment property finance, and SMSF property finance. Our role is to provide credit assistance — understanding your circumstances, explaining structures and costs, and helping you access suitable options through relevant providers.
It means the business providing credit assistance is subject to obligations under Australia's credit legislation — including responsible lending conduct, disclosure of fees and charges, and access to external dispute resolution through AFCA. A licence does not remove risk from a finance decision, and it does not guarantee a particular outcome or product suitability for your circumstances.
No. An Australian Credit Licence is a financial services licence. It does not certify, endorse or assess the Sharia compliance of any product or structure. Sharia compliance is determined by the relevant finance provider and its governance arrangements, and customers should seek assurance from the provider directly.
ASIC maintains a free public register of Australian Credit Licence holders. You can search the ASIC professional registers for ACL 578739 and confirm the licence holder and authorised credit activities directly at the source. A link to the register is provided in the corporate information section of this page.
Yes. BARAQAH assists customers Australia-wide, including in New South Wales, Victoria, Queensland, Western Australia, South Australia, the ACT and the Northern Territory. Our head office is in Bankstown, New South Wales, and consultations are available by appointment.
An Islamic bank holds capital, funds finance from its own balance sheet and typically also offers deposit products. An Islamic finance broker does not lend its own funds; it provides licensed credit assistance to help customers understand options and access finance through the relevant providers. BARAQAH is the latter — a licensed brokerage, not a bank.
Any brokerage providing credit assistance in Australia should hold, or operate under, an Australian Credit Licence, and that licence can be checked on ASIC's registers. When comparing brokers, verify the licence, the experience with Islamic structures, how fees are disclosed, and whether the broker explains limitations as clearly as benefits. Our guide to halal mortgage brokers in Australia sets out the questions worth asking.
Detailed, plain-English guides covering the structures, products and practical considerations relevant to Islamic finance in Australia.
How Islamic home loans work, step by step
Halal vehicle finance options and eligibility
Comparing halal home finance alternatives
What Sharia compliance means in practice
Cost-plus financing, explained plainly
Islamic leasing and lease-to-own structures
Partnership-based Islamic finance
SMSF property finance within LRBA rules
Our complete service and brand overview
BARAQAH Islamic Finance brings together independent Australian credit licensing, professional accountability and a specialist focus on Islamic finance.
Our approach is centred on helping customers understand their options, assess suitable finance arrangements and make informed financial decisions.
BARAQAH Islamic Finance holds its own Australian Credit Licence (ACL 578739). BARAQAH is an Islamic finance brokerage and is not a bank, authorised deposit-taking institution or direct lender of its own funds. Information on this page is general in nature and does not take into account your objectives, financial situation or needs. An Australian Credit Licence is not an endorsement by ASIC of any financial product. Product structures and availability depend on the relevant finance provider. Consider seeking independent advice before entering into any finance arrangement.