Mortgage Brokers · Australia
Barakah Finance
Perth-based Islamic home finance intermediary arranging owner-occupier and first-home buyer finance through partner Islamic funders and mortgage managers. Ijarah, Diminishing Musharaka and Murabaha structures available. Does not originate its own lending products.
Key Facts
Overview
Barakah Finance is a Perth-based Islamic home finance intermediary that arranges owner-occupier and first-home buyer finance through partner Islamic funders and mortgage managers. It offers Ijarah, Diminishing Musharaka, and Murabaha structures but does not originate its own lending products.
Services Provided
Intermediary services arranging Islamic home finance across three contract structures (Ijarah, Diminishing Musharaka, Murabaha) through partner funders. Barakah Finance facilitates the finance arrangement without being the underlying lender.
Barakah Finance offers useful structural variety — three contract types is more than most intermediaries. Perth-based positioning provides local knowledge for WA buyers. As an intermediary, the key variables to assess are the underlying funders' credit licensing and the broker's own authorisation status.
Who They Suit
May suit WA first-home buyers and owner-occupiers who want an intermediary with multiple Islamic contract type options.
Things to Verify
Before proceeding with this provider, confirm the following directly:
- Credit licence or authorisation — verify on ASIC Connect.
- Which partner funders are used and their licensing status.
- Whether services extend nationally beyond WA.
- Fee disclosure and how the intermediary is compensated.
- Each contract structure (Ijarah, Musharaka, Murabaha) in detail.
Verify credit licence status on ASIC Connect before proceeding. Provider data sourced from public websites and publicly available material as at April 2026. Always confirm fees, lender panels, eligibility, and geographic coverage directly with the broker. Credit licence numbers listed here may be placeholders — always verify the current number on ASIC Connect.