Mortgage Brokers · Australia
Loan Mall (Halal Loans)
Credit representative under AFG (Credit Licence 389087) offering riba-free, Shariah-compliant home loans, business loans, commercial loans and asset finance. Sharia compliance checked on all funds offered. 10% of net upfront commissions donated as zakat.
Key Facts
Overview
Loan Mall (Halal Loans) is a credit representative (559389) under AFG, which holds Credit Licence 389087. It offers riba-free home loans, business loans, commercial loans, and asset finance with Sharia compliance checking on all funds. Uniquely, 10% of net upfront commissions are donated as zakat.
Services Provided
Islamic home finance, business lending, commercial loans, and asset finance through AFG's institutional credit licence framework. Sharia compliance is checked on all funds offered. The zakat donation from commissions is a values-aligned differentiator.
Loan Mall's institutional backing through AFG provides a verifiable credit licence framework — Credit Licence 389087 can be confirmed on ASIC Connect. The zakat commitment on commissions is a genuine values alignment signal. Note that refinance support is not listed — clients looking to switch from a conventional mortgage should confirm this directly.
Who They Suit
May suit borrowers wanting AFG-backed Islamic lending across multiple asset classes, particularly those who value the zakat commitment as a values-alignment indicator.
Things to Verify
Before proceeding with this provider, confirm the following directly:
- AFG Credit Licence 389087 and Credit Representative 559389 — verify both on ASIC Connect.
- Funder panel details and Sharia compliance verification process.
- Whether refinancing is available and under what conditions.
- Zakat donation process and how the 10% is calculated and distributed.
- Fee disclosure — confirm what commissions are paid and by whom.
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.