Superannuation · Australia
Purewealth – Islamic Super Advice
Islamic financial planning firm advising on Sharia-compliant superannuation and halal investment strategies. Does not operate its own super fund.
Key Facts
Overview
Purewealth is an Islamic financial planning firm that provides personalised advice on Shariah-compliant superannuation options and halal investment strategies. It does not operate its own super fund or hold assets in trust. It functions as an advice business that helps clients navigate the Australian super system and move from conventional to Shariah-aligned super products.
Services Provided
Purewealth provides financial advice on switching super from conventional funds to Islamic-aligned options, helps clients evaluate halal super products, and advises on halal investment strategies alongside superannuation. Clients are recommended and onboarded into underlying super products operated by APRA-regulated providers. The firm charges for its advice services rather than from fund management.
Purewealth appears most useful for users who want guided assistance navigating the Islamic super landscape rather than simply joining a product directly. Its value is in the advice relationship — understanding a client's situation, recommending the right product, and managing the transition. The trade-off is that the cost of advice may be additional to the super fund's own fees. Users who are confident researching super products themselves may not need an advice intermediary. Those uncertain about which Islamic super product to choose may find this model highly valuable.
Who They Suit
May suit users who want personalised guidance on halal super rather than choosing a product independently, particularly those switching from a conventional fund or making their first Islamic finance decision.
Things to Verify
Before proceeding with this provider, confirm the following directly:
- That this is an advice business, not a super fund — your money goes into a recommended third-party fund
- Adviser's AFSL or authorised representative status via ASIC's Financial Advisers Register
- Whether advice fees apply in addition to the super fund's own fees
- Which super products the adviser can recommend and whether the panel is comprehensive
- Shariah review process for the recommended products
Information on this page is general in nature and based on publicly available material and provider-supplied information. Always verify fees, eligibility, product structure, licensing status, and Shariah governance directly with the provider before making a decision.