The dispersion of elastic shear waves in multilayered bodies is a topic of extensive research due to its significance in contemporary science and engineering. Anti-plane shear motion, a two-dimensional mathematical model in solid mechanics, effectively captures shear wave propagation in elastic bodies with relative mathematical simplicity. This study models the vibration of elastic waves in a multilayered inhomogeneous circular membrane using the Helmholtz equation with fractional-order infusion, effectively leveraging the anti-plane shear motion equation to avoid the computational complexity of universal plane motion equations. The method of the separation of variables and the conformable Bessel equation are utilized for the analytical examination of the model’s resulting vibrational displacements, as well as the dispersion relation. Additionally, the influence of various wave phenomena, including the dependencies of the wavenumber on the frequency and the phase speed on the wavenumber, respectively, with the variational effect of the fractional order on wave dispersion is considered. Numerical simulations of prototypical cases validate the formulated model, illustrating its applicability and effectiveness. The study reveals that fractional-order infusion significantly impacts the dispersion of elastic waves in both single- and multilayer membranes. The effects vary depending on the membrane’s structure and the wave propagation regime (long-wave vs. short-wave). These findings underscore the potential of fractional-order parameters in tailoring wave behavior for diverse scientific and engineering applications.