The Islamic finance narrative in Australia is one of potential and hope. The rising affluence of the growing Muslim minority and the expanding pool of social-conscious and ethical investors in parallel to the increasing appetite for Australian investment opportunities from major Islamic finance markets make the Land Down Under an interesting proposition for Shariah-sensitive finance. This has led to a steady emergence of homegrown Islamic financial institutions and foreign-owned entities strategically positioning themselves in Australia to capture inward Middle Eastern and Asian investment flow.Yet, products remain limited and without the right tools, the Islamic finance industry is hindered from realizing its true potential.