Salaam Finance is pleased to announce the appointment of two Non-Executive Directors and new Chair of its Advisory Board, effective from 1 July 2024.

Chairman of the home-finance business Dr John Hewson AM said, “It is my pleasure to welcome Dr Aamir Rehman and Mr Frank Ganis to the Salaam Finance Board along with Mr Bill Moss AO as Chair of the Advisory Board.”

Dr Rehman is Chair of Innate Capital Partners  has been engaged in values-aligned investment for over twenty years, and has served the finance community as an investor, advisor, author, and educator. In addition, Dr. Rehman has served as a senior advisor on Islamic finance to the United Nations Development Programme. He has also consulted the World Bank Group on the impact of Islamic finance on development and financial inclusion.

With over 40 years of domestic and international experience in banking and finance, Mr Ganis has an extensive background and deep knowledge of financial services. He is recognised as a pioneer and influential industry leader in Australia. Prior to retirement from full time executive work in 2017, Mr Ganis spent 28 years at Macquarie Group including 17 years as an Executive Director. Mr Ganis was instrumental in the restructuring and transformation of the Australian mortgage industry through co-founding and establishing Macquarie Group’s mortgages and securitisation business in the early 1990s.

Bill Moss AO is a pioneer leader and highly regarded Australian businessman, philanthropist, and polymath with almost half a decade in business leadership roles. Mr Moss spent 23 years as a senior executive, Executive Director, and Group Head of Macquarie Banking and Real Estate Group, and was a member of Macquarie’s Executive Committee for 10 years. He is the Chairman and Founder of Boston Global’s Family Office.

“The experience, guidance and integrity that Aamir, Frank and Bill bring to our new specialised Islamic home-finance solution will further position us to meet the needs and aspirations of not only Muslims but to all Australians.

“I am looking forward to working with these gentleman and fellow Board members to provide a genuine, honest and transparent housing finance product at this very challenging time in the housing sector.” Dr John Hewson AM said.

A recent survey^[1] revealed 96% of existing Shariah-compliant superannuation customers were interested in a home finance product that adheres to Islamic finance principles. While 91% ranked Shariah compliance as the most important feature for a home-finance product.

Salaam, meaning ‘peace’ and ‘welcome’, symbolises a commitment to inclusivity, community values, and a forward-looking approach.

———-