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DomaCom partners for Sharia-compliant home loans
KANIKA SOOD  |  MONDAY, 21 DEC 2020
... of Crescent Group to help us deliver this product to the Australian Muslim community," DomaCom chief executive Arthur Naoumidis said. Crescent will lead the Shariah certification of the product, source institutional funding via its global Islamic network ...
DomaCom to deliver affordable housing
ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... discount. The tenants will also receive 5% equity in the property over the first five years. DomaCom chief executive Arthur Naoumidis said one of the hurdles for investors to help deliver affordable housing is having to sacrifice investment returns. ...
ATO clarifies part disposal rules: DomaCom
ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... DomaCom's Senior Equity Release platform and be eligible to make a downsizer contribution. DomaCom chief executive Arthur Naoumidis said: "The ability for retirees to help themselves by modifying their personal balance sheets and moving some of their ...
DomaCom launches senior equity release product
ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... not hold the appropriate credit or real estate license required to use those products. DomaCom chief executive Arthur Naoumidis said: "Senior Equity Release is the first financial product in this space that will give financial advisers a significant ...
DomaCom partners with big four bank
HARRISON WORLEY  |  FRIDAY, 1 FEB 2019
... track, should the bank's trial of DomaCom's fractional investing model prove successful. DomaCom chief executive Arthur Naoumidis said the firm had been searching for a partner of this and scale for some time. "DomaCom has always been an intermediated ...
DomaCom raises more capital
HARRISON WORLEY  |  TUESDAY, 11 DEC 2018
... and pay an annual 15% coupon rate quarterly, with a 15 cents per note conversion price. DomaCom chief executive Arthur Naoumidis said the firm was pleased it found a "truly high conviction" Australian institutional investor help it deliver on its potential. ...
DomaCom, DFS establish $4.1m sub-fund
HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
... said the two mortgages total around $4.1 million, with the first already drawn down. DomaCom chief executive Arthur Naoumidis said the firm has been working with DFS to offer a branded retail mortgage sub-fund on its platform for some time. "Until now ...
DomaCom concludes Federal Court action
KARREN VERGARA  |  TUESDAY, 25 SEP 2018
... Superannuation Fund was a breach of the sole purpose test. Commenting on the decision , DomaCom chief executive Arthur Naoumidis said the SMSF property solution provider was pleased with the court's decision, which represents a milestone for the ...
Federal Court rules partly in favour of DomaCom
HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... rented a property held by the DomaCom Burwood sub-fund. In a response to the ruling, DomaCom chief executive Arthur Naoumidis said the SMSF property solution provider was pleased with the court's ruling. "DomaCom is very pleased to have the court confirm ...
DomaCom increases financial planner exposure
JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
... identifying code on the DomaCom platform which is then visible on XPLAN via the EPI data feed. DomaCom chief executive Arthur Naoumidis said the integration is a significant development for the fractional property investment platform and further recognition ...
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