John Hewson leads push for halal home loans

In the media
May 10, 2021
John Hewson leads push for halal home loans

John Hewson wants to channel up to $5 billion in Islamically compliant home loans from local investors as well as from countries such as Malaysia, Brunei and Indonesia over the next five years to Australian Muslims, whose outright home ownership is half that of the wider population.

The economist and former Liberal Party leader chairs specialist lender Crescent Finance, which is targeting both foreign institutions and local investors to back funds that will lend to Australian Muslims.

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