Gallipoli Funeral Fund Limited (GFF) was launched on Friday 21 March 2025 at the Auburn Gallipoli Mosque Community Hall with a special iftar dinner attended by a special delegation from Turkey, Imams, Islamic scholars, community leaders members of the Turkish community in Sydney.
A welcoming speech was delivered by Dr Abdurrahman Asaroglu, the launching speech was given by Dr Abul Khair Jalaluddin, and the master of ceremony was Envar Yasar.
The main features of GFF are described below.
Why GFF Created in the Marketplace?
Many members of the community straggle to pay the high cost of funeral services in one go. That is why the funeral fund is purposefully designed to assist members and their loved ones to have peace of mind at a very difficult time of death, by covering the cost of funeral services. The fund allows members to meet funeral expenses with serenity and tranquility. It operates on the concept of mutual assistance in Islam: “Provide mutual assistance in good deeds and piety.” (Quran 5:2)
Funeral products offered by GFF
1) Single Grave Facility: this product will cover a single male or female. The cost of reopening the grave for the second person, if a double grave is chosen, is not included in this product.
2) Double Grave Facility: this product will cover two people such as couples (husband and wife), a parent and a child, two siblings or two relatives/friends. The cost of reopening the grave for the second person is included in this product.
Membership fee structure
We have an age bracket-based affordable entry fee, which could be paid in 3 equal instalments in 3 years. No entry fee is payable for members under 50. Members pay a competitive annual premium based on age brackets, paid annually or in 12 equal instalments. Premiums are indexed with CPI annually.
All payments could be made through direct debits from bank accounts. In 2025, the payout for single grave facility is $11,500 and that of $17,000 for double grave facility.
Licensing, regulation and compliance of GFF
GFF has an Australian Financial Services License (AFSL). We are the first Australian Muslim funeral fund which was awarded an AFSL under the Corporations Act 2001. We are regulated by Australian Securities & Investment Commission (ASIC).
The consumer rights of members are protected by the laws administered by ASIC. GFF is managed by a Board of Directors. It has expertise in Islamic jurisprudence, finance, accounting, and government relations.
Investment of GFF funds
GFF invests the members’ fund in Sharia’h compliant investment portfolios. These include shares and wealth management products. It will help grow the fund and enable us to provide a better service to members.
WE have engaged a reputable Australian Islamic financial services company to manage investments for us. Having said that, the primary objective of GFF is to maintain adequate reserves to provide the benefits to its members following their death.
An invitation to join the fund
All Communities in all States and Territories are eligible for membership of GFF as our licence operates federally. We encourage the community to become a member and join this funeral fund. Please consult our Product Disclosure Statement (PDS) prior to signing us. The Application Form is attached in the PDS.
GFF contacts:
Telephone: 0487 060 687
Email: info@gallipolifuneralfund.org.au
Website: gallipolifuneralfund.org.au
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