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islamic finance

InFinance | Is Islamic finance in Australia scalable?

Mr Kingsley David, Executive Director of MCCA, had the honour of authoring the first series of articles on Islamic finance for FINSIA on its flagship InFinance platform. In this article, Mr David shared his expertise on the challenges in commercialising Shariah-certified products, delving deep into the question: can these products be funded in Australia?

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How MCCA is helping revive the Legacy of Islam in Australia

For over 30 years, MCCA has been at the forefront of advocating for the ground-breaking small businesses and programs present in our Australian Muslim community. Initiatives that bolster pride in our Muslim identity and confidence in our Islamic values. This includes our support of Human Appeal Australia’s Divine Legacy Conference Tours, a biennial project that strives to uphold the legacy of the Holy Quran, Islam’s miraculous book that continues to inspire hearts and minds across the globe since 1400 years ago.

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Why MCCA proudly supports National Zakat Foundation Australia

This month, MCCA was proud to receive the National Zakat Foundation’s Appreciation Award following another great year of collaboration. Our work at MCCA has always been focused on supporting initiatives that uplift our local Muslim communities and advocate for their needs. This includes our long-standing involvement with NZF and the ground-breaking work their team has done to provide much-needed aid to the vulnerable members of our Ummah in Australia.

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How MCCA is Helping Our Youth Achieve Their Full Potential

For over 30 years, our aim at MCCA is to support the initiatives that propel our Muslim community toward a bright and successful future. This includes supporting our incredible youth, who carry forward our Islamic values with new hope and boundless potential, through exciting initiatives such as the Somali Australian Community Association of NSW’s Multicultural Youth Employment Careers & Careers Expo.

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MCCA’s Proud Support for the Bachar Houli Cup

For over 30 years, our legacy at MCCA has focused on giving back and powering the future of the wonderful community that supports us. This includes our long-time support of the Bachar Houli Foundation and our new visionary partnership with them that aims to provide and nurture more future opportunities for young Australian Muslims through Australian Rules Football.

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MCCA’s Customer First Initiative – Putting our Customers First

In our drive to constantly improve your experience here at MCCA, our ongoing Customer First Initiative, launched in 2020, addressed key issues within our customer service charter. These are the results and improvements MCCA have implemented since its launch. We’re proud to share the outcomes of what was a significant project with you and how it assisted MCCA in aligning to a customer-centric model.

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2021 Annual General Meeting

On the 25th of March, 2022, the 2021 Annual General Meeting (AGM) of MCCA members was held at the Novotel in Preston, Victoria. MCCA members gathered to receive, query, and adopt the statutory reports and presentations of the board of directors, management and MCCA’s independent auditor KPMG.

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An introduction to Islamic Finance

Projected to reach around $2 trillion this year in asset value, the growth of Islamic finance and the versatility of its unique services has caught the attention of both Muslims and non-Muslim investors alike.

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Finance Application

We congratulate you for making the right choice and selecting the halal home loan alternative. Firstly, complete the home mortgage form below. Once you have completed and submitted this form, a dedicated MCCA sales executive will contact you within 1 business day to walk you through the next stage of your application.