MCCA Islamic Finance & Investments

What MCCA Islamic Finance & Investments does

MCCA Islamic Finance & Investments (legal entity: MCCA Ltd) is Australia's longest-operating Shariah-compliant finance and investments provider, founded in 1989 in Melbourne as the Muslim Community Co-operative (Australia) Ltd and now operating through a three-entity group structure (MCCA Ltd holding Australian Credit Licence 388808, MCCA Asset Management Limited holding AFSL 291356, and the original co-operative which is currently winding down). The company serves the Australian Muslim community across all states and territories, having financed 8,782 households and businesses and enabled 6,500+ Muslim households, businesses and societies to achieve financial goals in line with Islamic principles, with $3.6B in cumulative mortgages originated and $1.36B in finance and mortgages under management as of 30/06/2025.

MCCA's product platform comprises three finance products (Residential Finance, Commercial Finance, and SMSF Finance) and two investment products (the ASIC-registered MCCA Income Fund and the Property Fund). The core technical architecture is the Ijarah Muntahia Bittamleek (lease-to-own) structure, where MCCA finances property against mutually agreed rental installments comprising profit and principal, with ownership transferring to the client at the end of the lease period; all products are reviewed and certified by an external Board of Shari'ah Advisers. Customer-facing infrastructure includes multiple self-service portals (Livez Money for home finance, Starnet/Tamleek for investments, LSN Online for loan management, and the MCCA Income Fund Portal), with a 4.6/5 Google review rating.

The business model is direct-to-consumer B2C across Australia, with revenue derived from rental-based profit margins on financed properties, origination and processing fees, and management fees on the managed investment schemes. Distribution is multi-channel: direct website applications with sales-executive follow-up within one business day, a 1300 724 734 phone line, regional seminars across Brisbane, Sydney, Melbourne, Adelaide, Perth and Canberra, community-event sponsorship, and content marketing via the Knowledge Hub and social media. Customer acquisition is community-led, leveraging three decades of brand trust within the Australian Muslim community as a key acquisition channel and competitive differentiator against conventional lenders.

Name

MCCA Islamic Finance & Investments

Legal name

MCCA Ltd

Website

https://mcca.com.au

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

MCCA Islamic Finance & Investments is Australia's longest-operating Islamic finance provider, offering Shariah-compliant home financing (residential, commercial, SMSF) and ASIC-registered investment funds to the Australian Muslim community since 1989.

Ownership category

akta.pro rank

Product category

Islamic Finance

NAICS

Other Financial Vehicles (525990), Other Investment Pools and Funds (5259)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

akta.pro secondary industries

Islamic SME & Commercial Banking (FSABAGAB), Islamic Private Banking & Wealth (FSABAGAD)

Keywords

• Shariah-compliant finance
• Islamic home finance
• Halal investment funds
• SMSF property finance
• Islamic mortgage lending

Headquarters

HQ city

Coburg

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D, Infrastructure

Revenue model

1. Residential Finance: Shariah-compliant home financing using Ijarah Muntahia Bittamleek structure. MCCA originates mortgages and manages ongoing client relationships. Revenue derived from rental installments that include profit margin over principal.
2. Commercial Finance: Shariah-compliant commercial property financing for businesses, using similar Ijarah structure with rental payments consisting of principle and profit.
3. SMSF Finance: Finance solutions for Self-Managed Super Funds seeking to invest in residential (up to 80% LVR, max $5M) and commercial (up to 75% LVR, max $10M) properties. Rental facility rate only for 1-5 year terms.
4. Income Fund: ASIC-registered managed investment scheme investing in Shariah-compliant mortgage-backed securities. Minimum investment $1,000. No entry, establishment or exit fees. Returns paid monthly. Secured by residential and commercial property.
5. Property Fund: Shariah-compliant property investment vehicle offering direct property subscheme investments. Not a pooled investment - investors choose individual property investments before commitment. ASIC regulated and independently audited.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

MCCA provides Shariah-compliant residential and commercial property finance, Self-Managed Super Fund (SMSF) property financing, and two ASIC-regulated managed investment products (Income Fund and Property Fund) to Australian Muslims. Finance products are structured using the Ijarah Muntahia Bittamleek (lease-to-own) arrangement, where the institution finances property against agreed rental installments comprising profit and principal, with ownership transferring to the client at the end of the lease term. The investment products invest in Shariah-compliant mortgage-backed securities and direct property subschemes, all certified by a Board of Shari'ah Advisers.

Product overview

MCCA offers a comprehensive Islamic finance platform consisting of three core finance products (Residential Finance, Commercial Finance, and SMSF Finance) and two investment products (Income Fund and Property Fund). The finance products are structured on Ijarah Muntahia Bittamleek (lease to own) principles, while the investment products are ASIC-regulated Shariah compliant managed funds investing primarily in residential and commercial mortgages. The company operates customer-facing self-service portals (Livez Money, Starnet/Tamleek, LSN Online, and Income Fund Portal) for account management.

Differentiator

Problem solved

Functional benefit

Brands

• Income Fund: Shariah-compliant retail investment product regulated by ASIC, investing in registered first mortgages and cash with exposure predominantly in residential mortgages in major Australian capital cities.
• Property Fund
• Residential Finance
• Commercial Finance
• SMSF Finance
• Tamleek

Products and services

• Residential Finance Shariah-compliant home finance for Australian Muslims purchasing residential properties, structured as an Ijarah Muntahia Bittamleek (lease-to-own) arrangement. MCCA finances the property against mutually agreed rental installments consisting of profit and principal, with ownership transferring to the client at the end of the lease period via the final payment.
• Commercial Finance Shariah-compliant commercial property financing for businesses and investors seeking to purchase commercial real estate in line with Islamic finance principles, using the Ijarah structure with rental payments comprising principal and profit.
• SMSF Finance Finance solution for Self-Managed Super Funds (SMSFs) seeking to invest in residential (up to 80% LVR, max $5M) and commercial (up to 75% LVR, max $10M) properties. Provides rental facility rate financing for 1-5 year terms to enable diversification of SMSF portfolios into property.
• Income Fund ASIC-registered Shariah-compliant managed investment scheme investing in registered first mortgages and cash, with exposure predominantly in residential mortgages in major Australian capital cities. Minimum investment of $1,000, no entry, establishment, or exit fees, with monthly returns paid directly to the investor's bank account.
• Property Fund Australia's premier Shariah-compliant property investment option offering direct property subscheme investments. Investors choose individual property investments before commitment. ASIC-regulated, independently audited, with property subscheme investments meeting Shariah investment guidelines.

Quantifiable outcome

• $100 million+ in housing finance sales for 2011/12 financial year
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Muslim Community Co-operative (Australia) LtdcoreOthers · 1 January 1989The Co-operative was founded in 1989 by ten people with $20,000 net share value. MCCA Ltd is owned by the same shareholders as the Co-operative. The Co-operative is currently winding down its activities with MCCA Ltd becoming the principal entity. Registered under the Victorian Co-operative Act 1996 with Credit License 388810.
• MCCA Asset Management LimitedcoreOthersWholly owned by MCCA Ltd. Responsible entity for ASIC-registered managed investment schemes (Credit Licence and AFSL 291356). Holds Australian Financial Services License allowing marketing of retail investment products with Shari'ah compliance. MCCA Income Fund is first Australian retail investment product registered with ASIC.
• Board of Shari'ah AdviserscoreOthersExternal Shari'ah scholars who review and certify all MCCA products as compliant with Islamic law. Ensures no riba, maysir (gambling), or gharar (uncertainty) in any financial arrangements.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hejaz Financial Services: Australian Islamic financial services firm providing Shariah-compliant superannuation, investment, and finance products to Australian Muslims — overlapping closely with MCCA's advisory and investment fund offerings.
• Gatehouse Bank: UK Shariah-compliant bank offering residential property finance and savings/investment products to UK Muslims, mirroring MCCA's combination of home finance plus investment products.
• Iskan Finance: Australian Islamic home finance provider using diminishing musharaka / Ijara structures, competing directly with MCCA for Australian Muslim home-finance customers.
• Bank of London and the Middle East (BLME): UK-based Shariah-compliant bank providing property finance and asset management — overlaps directly with MCCA's residential/commercial finance and managed investment offerings.
• Amanah Islamic Finance: Australian non-bank Islamic finance provider offering Shariah-compliant home financing to Australian Muslim consumers using Ijara-based structures, directly comparable to MCCA in product, customer base, and business model.
• Al Rayan Bank: UK-based Shariah-compliant retail bank offering Islamic home finance and savings products under PRA/FCA oversight — directly comparable to MCCA in product set, customer segment, and regulatory structure.

Broad incumbents

• Kuwait Finance House: Major global Islamic bank offering Shariah-compliant financing, investment, and asset management; relevant as a scaled incumbent whose product blueprint MCCA's Income Fund and Ijara-based lending conceptually track.
• Abu Dhabi Islamic Bank: Large-scale UAE Islamic bank offering retail, corporate, and investment banking under Shariah principles; broader incumbent serving as a global benchmark for Islamic finance product depth rather than directly competing in Australia.
• National Australia Bank: One of Australia's big-four banks offering selected Islamic finance products; broader portfolio player but directly relevant to MCCA's residential and commercial finance segments.

Emerging players

• Crescent Wealth: Australian Shariah-compliant investment and superannuation manager, addressing overlapping Australian-Muslim wealth-management demand and partially competing with MCCA's Income Fund and Property Fund.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mcca_islamicfin
• YouTubeyoutube.com/channel/UCsxxgr1wTS5k65WoESMP7rg
• Facebookfacebook.com/MccaHalalAlternative
• LinkedInlinkedin.com/company/mcca-ltd--islamic-finance-&-investments-/?originalSubdomain=au
• Instagraminstagram.com/mcca.aus

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MCCA Islamic Finance & Investments