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PROVIDER INFORMATION

ICFAL

Product information checked

Member-owned cooperative advertising home and car finance and member investment funds.

Level 3: home-finance service and structure. Car finance and member investment services: Level 2.

Home financeInvestments

Information checked 01/10/2026. Source dates below may differ.

Inclusion is not endorsement. Verification describes evidence depth. It is not endorsement, suitability assessment, regulatory approval or Sharia certification by Mizan. Unknown information stays unknown.

Who are they?

Current official brand presence; available legal/registry evidence and remaining entity gaps are recorded separately.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Islamic Co-operative Finance Australia Limited. ABN: 55773581754. ACN: not established. Role: Member-owned cooperative. ABR identity established; company ACN not established and not inferred from ABN.

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Australian Business Register

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

What has Mizan checked?

Level 3: home-finance service and structure. Car finance and member investment services: Level 2.

Our verification levels show how much information we've checked — not how good a provider is. Mizan doesn't endorse providers or certify them as Sharia compliant. If we can't verify something, we tell you.

What is their role?

Member-funded cooperative; home finance is described as a co-ownership arrangement.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Regulatory information

ASIC September snapshot lists ACL 465922, APPR, with no end date. Authorisation includes credit-provider and other credit activities; it is not a product approval.

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ASIC September 2026 register snapshot

Source checked 01/10/2026 · Document 2026-09-24 · Review due 2026-10-08

What they offer

These are advertised services, not confirmation of eligibility or access. SMSF property finance is not a retail superannuation product.

Home finance

Home finance

Product information checked

Waiting list · timing unknown

Provider describes a waiting list and a minimum 10% holding at conditional approval until funds become available. Its FAQ separately states a 20% deposit. These are not treated as the same requirement; confirm the current process and timing.

Diminishing Musharaka/co-ownership for purchase and refinance. Membership, contribution and allocation process are material conditions, not guaranteed access.

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Category not assigned

Car finance

Service information checked

Enquiries advertised · eligibility unconfirmed

Advertised on the current official website. Acceptance, eligibility and geographic coverage require confirmation.

Provider source ↗

Investments

Member investment funds

Service information checked

Enquiries advertised · eligibility unconfirmed

Advertised on the current official website. Acceptance, eligibility and geographic coverage require confirmation.

Provider source ↗

Category not assigned

Hardship finance

Service information checked

Enquiries advertised · eligibility unconfirmed

Hardship finance is advertised; current terms and access conditions remain unverified.

Provider source ↗

Sharia governance

The home-finance page describes diminishing Musharaka. A current product-specific certificate and current external Sharia audit were not established.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

What we still don’t know

Current waiting time and funds available for new applicants.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Complete current fee schedule, geographic coverage and current contract/certification scope.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Member/SMSF investment funds must not be described as retail superannuation.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Current application of the 10% conditional holding versus the separately stated 20% deposit; no deposit or approval promise is made.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Sources

View source register and dates

Current official brand presence; available legal/registry evidence and remaining entity gaps are recorded separately.

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Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Official provider information

View source and dates

Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Australian Business Register

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Australian Business Register

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

ASIC September 2026 register snapshot

View source and dates

ASIC September 2026 register snapshot

Source checked 01/10/2026 · Document 2026-09-24 · Review due 2026-10-08

Official provider information

View source and dates

Official provider information

Source checked 01/10/2026 · Document date not established · Review due 2026-10-08

Last checked

01/10/2026 (Australia/Sydney). This is a source-check date, not a guarantee that information remains current.

Corrections

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