| From Moneymanagement.com.au: Mortgage lender Muslim Community Co-operative Australia (MCCA) has been granted an Australian Financial Services Licence (AFSL), marking its first steps towards building a wealth management practice that offers financial planning services.
MCCA, which until now has been limited to home finance and various forms of investment, is now licensed to deal in “shariah compliant” mortgage funds and property trust schemes – meaning they will be run in accordance with Islamic law.........Full Article: Source
|