diff --git a/gnucash/python/CMakeLists.txt b/gnucash/python/CMakeLists.txt
index 1888e37572..88f154873b 100644
--- a/gnucash/python/CMakeLists.txt
+++ b/gnucash/python/CMakeLists.txt
@@ -10,6 +10,9 @@ IF (WITH_PYTHON)
   TARGET_INCLUDE_DIRECTORIES(gncmod-python
     PRIVATE ${CMAKE_SOURCE_DIR} ${CMAKE_SOURCE_DIR}/core_utils ${CMAKE_SOURCE_DIR}/gnc-module ${PYTHON_INCLUDE_DIR})
   TARGET_COMPILE_OPTIONS(gncmod-python PRIVATE -DG_LOG_DOMAIN=\"gnc.python\")
+IF (APPLE)
+  SET_TARGET_PROPERTIES (gncmod-python PROPERTIES INSTALL_NAME_DIR "${CMAKE_INSTALL_FULL_LIBDIR}/gnucash")
+ENDIF()
   INSTALL(TARGETS gncmod-python
     LIBRARY DESTINATION ${CMAKE_INSTALL_LIBDIR}/gnucash
     ARCHIVE DESTINATION ${CMAKE_INSTALL_LIBDIR}/gnucash