The MCCA Income Fund provides finance facilities based on Shariah Finance principles and Australian finance and investment law. In keeping with Shariah finance principles, the Fund does not invest in activities that are deemed unethical such as; alcohol, gaming, pornography and arms. The assets of the fund comprise only of registered first mortgages and cash. The Fund predominantly invests in residential mortgages pertaining to established residential properties located in major Australian capital cities. The Fund invests in registered first mortgages and for finance contracts where the property has been subject to independent valuation.
Key features include:
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MCCA Ltd | ABN 45129968172 | Australian Credit Licence 388808 | MCCA Asset Management | ABN 18113728706 | AFSL 291356