ICFAL started in 1998 as an effort to support Muslims in Australia to live a Riba (interest) free life. This required providing Shariah-compliant finance for housing, vehicle, and community infrastructure. Energized by a group of highly motivated volunteers in its early days, ICFAL has grown to a leading Islamic Finance provider throughout Australia.

ICFAL is a 100% member-funded and owned organisation.

So there is no question on the source of the fund – it’s coming from the members of ICFAL.

We have grown to 4,000+ members and have been around in Australia for over 25+ years.