ISLAMIC SMSF FINANCE
A ready-made solution to help you tap into your SMSF & invest in property
Looking to put your self-managed super fund (SMSF) to work? Our flexible approach to SMSF lending could help purchase a residential or commercial investment property.
Buying a Home
Refinancing
Self Employed
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SUPER WORKING WITH SMSF
Islamic SMSF Product
Whether you have an existing SMSF or are in the process of setting one up, our Islamic SMSF product is suitable for those looking to purchase or refinance residential investment properties as a single asset within their SMSF.
You can now use your SMSF to purchase an investment property. Providing SMSF finance for the specific needs of the Muslim community, it sets a new benchmark in inclusivity and innovation. Transform your super fund experience to one that is more equitable and efficient, while ensuring your investments are both secure and profitable.
Retirement
Grow your retirement investment potential with our Halal SMSF Finance
Residential SMSF Finance
Our Halal residential SMSF finance can help you invest in property if you don’t have the funds in your SMSF to buy a property outright.
Commercial SMSF Finance
Designed to work in harmony with your SMSF and help you invest in commercial property
Al-Mustaqbal SMSF Finance at a glance
Loan Purpose
New Purchase, Refinance and Equity Cash Out
Security Type
Residential security
Security Location
Metro & non-metro considered
Minimum Finance Amount
$250,000
Maximum Finance amount
$2,000,000
LVR up to
80%
Rental Rate type
Variable or Fixed
Repayment Type
Rent+ Principal or Rent Only
Offset account and Redraw facility
Yes
Loan Term up to
30 years
Fixed Rate Options
Yes, up to 5 years POA
Risk fee
Yes
Additional Repayments
Unlimited
Our home finance calculators can help crunch the numbers
Calculators & tools Australia’s leading Islamic Super I Halal Finance I Ijarah loans solution
What you’ll need
To apply for a SMSF loan, you will need to provide the following specific documentation:
- Certified copy of the SMSF Trust Deed
- Certified copy of Custodian Trust Deed
- Financial information to ensure serviceability (e.g. 2 years SMSF audited financial statements, 12 months SMSF bank statements, rental estimates)
- Full copy of contract of sale
One of Australis Leading Islamic Financial Service Providers
Ready to apply?
Whether you’re ready to apply or you’d like to know more, one of our business specialists will be happy to help and provide more information.
Contact a trusted advisor. Request a call back
Frequently Asked Questions
How do SMSF’s work?
Your SMSF works in much the same way as any other super fund. During your working life, contributions are made to the fund and invested to create wealth which is distributed during retirement.
Does the SMSF need a minimum balance?
Yes, you will require a certain level of liquidity after the transaction, and some have a minimum pre-purchase balance.
We recommend a balance of cash and shares of at least $150,000 be available, anything less usually does not allow a reasonable purchase & liquidity for the fund.
Can you do this with a new SMSF?
Yes! When a new SMSF is set up by your accountant or financial planner, you can apply for a SMSF loan by showing historical contributions to your old fund(s).
What type of property can my SMSF purchase?
Investing in residential or commercial properties through a Self-Managed Super Fund (SMSF) is possible, subject to certain conditions:
- The property must be purchased as an investment and rented out to a third party at arm’s length.
- Is not a development – i.e. something that requires construction or is vacant land is not acceptable.
- The property meets the ‘sole purpose test’ provided by the ATO (i.e., only providing a benefit to the members upon retirement).
- The property should not be sold by a fund member or lived in by them or any related person. However, commercial properties purchased by the fund can be leased to a fund member for business purposes, following specific rules and at the market rate.
- Only one title per contract is allowed when purchasing a property through an SMSF. For instance, a duplex across two titles sold in one transaction would have to be changed to two separate transactions and loans.
If you are interested in expanding your SMSF investment portfolio, our qualified home finance specialist can help. You can schedule an appointment with us by calling 1300 141 145 or booking an appointment below.
