Barkat Financial Services

Barkat Financial Services is a premier provider of Islamic Financial Products in Australia. It is one of the first financial institutions to launch an Islamic Superannuation Fund in Australia catering to the unique needs of Australian Muslims. The Islamic Superannuation Fund was launch in August 2012 under the name of Barkat Super Plan. The trustee of Barkat Super Plan (Islamic Superannuation Fund) is Equity Trustees Limited (EQT) and is administered by Millennium3 Financial Services Pty Ltd (Millennium3). It offers an alternative Superannuation Fund managed by reputable fund managers investing in a socially responsible manner based on Islamic financial principles. Islamic finance and Islamic Investment management is similar to social responsible investing. It emphasises ethical and moral values across all aspects of financial dealings. Similar to ethical or socially responsible investing, the fund managers filter out companies involved in non-halal activities such as gambling, alcohol, weapons and conventional financial services and then apply traditional financial analysis in constructing the investment portfolio.