Australian Partnership Investments & Finance

Australian Partnership Investments & Finance related Investments & finance including Islamic Banking & Finance local

Interesting facts on investments, finance, superannuation, financial planning and updates on progress on Islamic Banking & Finance in Australia

Interesting The Islamic superannuation fund is investing in Australian water rights via Pinnacle's Riparian Capital Part...
14/09/2022

Interesting

The Islamic superannuation fund is investing in Australian water rights via Pinnacle's Riparian Capital Partners.

The Islamic superannuation fund is investing in Australian water rights via Pinnacle's Riparian Capital Partners.

Not sure this company has any products here in Australia…IOUpay’s (ASX:IOU) June quarter sees major partnerships, produc...
02/08/2022

Not sure this company has any products here in Australia…

IOUpay’s (ASX:IOU) June quarter sees major partnerships, product launches and upgraded BNPL offering
August 02, 2022 11:36 AM AEST

Shariah Compliance Certification

IOU plans to launch a Shariah-compliant BNPL offering under the name ‘myIOU Islamic’. After completing certification as updated in July, IOU is preparing to provide Islamic as well as conventional financing.

The company has concluded an agreement with PayHalal, a Shariah-compliant payment gateway, and integration works have also been completed to support merchant onboarding.

Highlights,IOUpay Limited (ASX:IOU) has witnessed three successive quarters of positive effective operating cashflow.,The quarter saw a spike in ne...

“The firm also confirmed that the team readied the ACL and AFSL applications to ASIC.”
16/07/2022

“The firm also confirmed that the team readied the ACL and AFSL applications to ASIC.”

The bank is the first Islamic bank to be licenced in Australia

Good news. "While Islamic Bank Australia is not yet open for business, the Restricted ADI enables it to build and test s...
06/07/2022

Good news.
"While Islamic Bank Australia is not yet open for business, the Restricted ADI enables it to build and test systems and then offer products to a small number of real customers."

Islamic Bank Australia has been granted a restricted banking licence from APRA. The Australian Prudential Regulation Authority (APRA) has authorised IBA Group Pty Ltd - trading as Islamic Bank Aust

05/07/2022

Product Disclosure Statement About the PDS and download facility. The Fund will operate in the health services sector predominantly in the business of facilitating the creation, and supporting the operation, of health services businesses in the Australian market. The Fund will be providing capital a...

18/06/2021

If Hejaz gets a banking licence, it will go up against the Islamic Bank Australia that hopes to receive its licence this year.

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