IBA Group is building Australia's first Islamic financial services company offering a full suite of products entirely based on ethics. We'll offer Australia's first Shari'ah compliant deposit products, as well as home finance. We're currently going through the licencing process with APRA, so we're not a bank yet.Share in profits. Donate bank fees to charity. Help us fight climate change. We love helping the community!We believe that financial services companies can be a force of good in the community. We're building a different type of company entirely based upon ethics. Simple things - like treating customers with respect, donating profits to improve the environment, and not taking on businesses that we don't want to be involved with (like weapons, tobacco or large polluters) even if it would make us more profit.You can even select your chosen cause and we'll donate part of our profits towards it every year!

Website: ibagroup.com.au

Employees: 20 - 49

HQ: N/A

Location: Auburn, N/A, au

Revenue: 1 - 2.5 Million

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Australia's digital ethical bank - coming soon! In an effort to revolutionize the banking industry, IBA Group is set to launch Australia's first Islamic financial services company, offering a full suite of products based entirely on ethics. With a focus on social responsibility and environmental sustainability, this digital bank aims to provide a unique alternative to traditional banking practices. Located in Auburn, New South Wales, the bank's mission is to provide Shari'ah compliant deposit products and home finance, while also donating a portion of its profits to charity and supporting environmentally-friendly initiatives. IBA Group is currently in the process of obtaining a license from the Australian Prudential Regulation Authority (APRA), and is expected to launch its full suite of services soon. The bank's commitment to ethical practices extends beyond its financial services. IBA Group has pledged to avoid doing business with companies involved in harmful activities such as weapons, tobacco, and large polluters. Instead, the bank aims to support local communities and promote positive social change. As a testament to its commitment to ethical practices, IBA Group has implemented a unique system that allows customers to select their chosen cause, with a portion of the bank's profits being donated towards it every year. This innovative approach to banking is a breath of fresh air in an industry often criticized for its lack of transparency and social responsibility. With a strong focus on technology and digital banking, IBA Group is poised to revolutionize the way Australians bank. By offering a full suite of Shari'ah compliant products and services, the bank is catering to the growing demand for ethical and responsible financial practices. As the world moves towards a more sustainable and socially responsible future, IBA Group's digital ethical bank is leading the way in the financial sector. With its commitment to ethical practices, social responsibility, and environmental sustainability, this bank is set to make a positive impact on the community and inspire others to follow in its footsteps.

IBA Group is creating a financial services company in Australia that follows Islamic principles, which means it will be fair and ethical. They'll offer banking services that align with these principles, like deposit products and home financing. They're not a bank yet, but they're working on getting licensed. They want to share their profits with their customers and give back to the community. They also want to help fight climate change. They believe that financial companies can make a positive impact, so they're building a company that values ethics and treats customers with respect. They won't work with businesses that don't align with their values, even if it means missing out on profits. They'll even let customers choose a cause to donate some of their profits to each year!