Islamic Finance: How Does It Make Money Without Interest?
TL/DR: Reading Time: 2 minutesIslamic Finance: How Does It Make Money Without Interest?
Our guide uncovers the most common Islamic finance products, outlining how Islamic finance structures are based on asset transactions avoiding the use of interest
Islamic Finance in Australia: Crestmount Paved the Way. Call Now!
TL/DR: Reading Time: 3 minutesIslamic Finance in Australia: Evolution, Structures, and Key Players
Understanding the Growth of Sharia Compliant Halal Finance in Australia
Islamic finance in Australia has grown from a niche offering to a robust ecosystem shaped by local innovation and global collaboration.
Islamic Banking in Australia: A Better Alternative. Call Us Now!
TL/DR: Reading Time: 2 minutesIslamic Banking in Australia: A Fair & Faith Aligned Alternative
Many Australian Muslims seek an ethical and Sharia compliant alternative to conventional banking. Fortunately, Islamic banking in Australia, rooted in Islamic finance principals offers just that, interest free, asset backed finance aligned with faith and transparency.
Use Your NDIS-SDA to Own Your Own Home. Call Now!
TL/DR: Reading Time: 3 minutesUse your SDA funding from NDIS to own your own SDA home.
Accessing home ownership through an SDA home loan is a game changer for NDIS + SDA participants. As a result, Crestmount Money, provides tailored Specialist Disability Accommodation (SDA) home loan solutions for eligible Australians with disability support needs.
We Understand Owner Builders – Call Crestmount Money Now!
TL/DR: Reading Time: 2 minutesOwner Builder Loans: Navigating the Challenges
Owner builder loans are not broadly supported by most Australian lenders. While regular construction finance involves its own hurdles, loans for owner builders are even more complex and subject to stricter scrutiny.
We Understand Construction Finance. Call Crestmount Money Now!
TL/DR: Reading Time: 3 minutesConstruction Finance for Building Your Dream Home
If you’re planning on building your new home, understanding how construction finance in Australia works is essential. Crestmount Money provides tailored halal construction finance solutions utilising an Ijarah finance structure that is sharia compliant, interest free, and aligned with your Islamic and financial values.
Why Are Genuine Savings Policies So Rigorous?
TL/DR: Reading Time: 3 minutesWhy Are Genuine Savings Policies So Rigorous?
When applying for an Islamic loan in Australia, especially those structured under Ijarah finance, lenders impose strict genuine savings requirements for any Islamic finance arrangement where the Loan-to-Value Ratio (LVR) exceeds 80%.
Using Rent As Genuine Savings
TL/DR: Reading Time: 3 minutesUsing Rent As Genuine Savings to Qualify for Home Finance.
Using rent as genuine savings is a valid pathway for many Australians, especially those seeking Islamic loans in Australia. Some specialist halal finance providers allow applicants to substitute traditional savings with a proven rental history.
What Is Genuine Savings? We Can Help, Call Us Now!
TL/DR: Reading Time: 4 minutesWhat is Genuine Savings?
Genuine savings represent funds accumulated over time, demonstrating financial discipline to halal finance providers offering Islamic loans in Australia.
Small Deposit, Need LMI? We Can Help. Call Us Now!
TL/DR: Reading Time: 4 minutesWhat is Lenders Mortgage Insurance (LMI)?
Lenders Mortgage Insurance (LMI) is a one-time premium that protects the lender, not the borrower, if you default on your Islamic loan. It typically applies when borrowing more than 80% of a property’s value and is common in both conventional and Islamic loans in Australia.