Spending power
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Spending power
Key facts
Counted staff
8
self-reported band not used
Founded
1998
28 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
None on record
Company type
Privately Held
self-reported
Description
ICFAL formed in 1998 by a group of highly motivated volunteers is a leading Islamic Finance provider operating in NSW, ACT, Western Australia, Queensland, Victoria and South Australia providing Shariah-compliant finance for housing, vehicle and community infrastructure.
ICFAL has its offices in Parramatta, Western Sydney and now employs five staff members in order to operate as a professional finance organization complying with Islamic financial guidelines within the stringent Australian regulations and laws pertaining to financial institutions.
The idea of ICFAL was catalyzed when one of the foremost authority on Islamic finance Mufti Muhammad Taqi Usmani visited Australia during the late nineties and exhorted the Muslim community to initial Shariah-compliant financial institutions in order to avoid usury/interest. This ICFAL was formed in 1998.
ICFAL offers a line of products, which include ordinary account, Children’s Investment Fund, Superannuation fund account, Hajj fund account, Jakat fund account as well as financial products like home finance, car finance and Qard hasan (Hardship finance).
Specialties
All 3 specialties
- Islamic Finance
- Islamic Investments
- Islamic Superannuation
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | AU |
All codes: AU
Addresses
- AU462 PO Box; Parramatta, New South Wales 2124Primary
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
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FAQ
How many people work at ICFAL?
8 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.
Where does ICFAL have offices?
One address on record, Australia only. Primary: 462 PO Box, Parramatta, New South Wales 2124.
Has ICFAL raised funding?
None linked to this brand.
What does ICFAL list as its specialties?
Three tags on the brand's own list, among them islamic finance.
Which companies are listed alongside ICFAL?
11 profiles list ICFAL as a peer — 88th percentile in Financial Services. It lists ten peers of its own. Meezan Wealth Management and Afiyah Islamic Wealth list it back.