Islamic mortgage originator launches retail investment fund

27 August 2009 | MCCA Asset Management has launched a shariah-compliant retail managed investment mortgage fund, with clients able to invest as little as $500. The fund is believed to be the first of its kind in the Australian retail sector.

Shariah compliant mortgage lender MCCA gets AFSL

09:32 AM | Mortgage lender Muslim Community Co-operative Australia is now licensed to set up mortgage funds and property trust schemes in accordance with Islamic law.