Australia’s first and only Islamic Bank, they are currently operating under a restricted banking license with the aim to open for business in the second half of 2024. Islamic Bank Australia’s objectives are to transform Australian banking with a digital-first, socially responsible bank that brings choice and inclusion to 1 million plus Australian Muslims.
Islamic Bank has been a proud signatory to the UN Global Compact since 2021. Whilst modelling the Global Compact principles covering human rights, labour, environmental and anti-corruption as they develop their products and systems, they also continue to provide direct support to worthy causes. These include the UN children of Gaza appeal, food packs and shelter to Afghanistan refugees, and in Australia, support for the homeless and planting trees in bushfire effected areas.
If you believe a bank can be a force for good, then you’re in the right place. Their team of incredibly experienced bankers, endorsed by globally recognised Shariah scholars, are building a bank where ethics are at the core of everything they do. They’re proud Aussies, and want to make Australia even better. They’ll only bank socially and environmentally friendly industries when they launch.