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Showing 11 - 20 of 86 results for "Islam"

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
Islamic Finance provider Hejaz has launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising ...

AIA welcomes new group partnerships lead

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
The life insurer has appointed a new general manager, group partnerships who brings previous experience at CommInsure and OnePath. George Stavliotis has been named in the role, in which he will be responsible for managing AIA's client development team ...

Islamic Finance & Investments Association launches

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
The new investment association that will be the voice and leadership of Islamic banking, finance, and investments in Australia has launched. The Islamic Finance & Investments Association (IFIA) is founded by directors Dean Gillespie, chief executive ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
Equity Trustees is merging its superannuation and corporate trustee services divisions, creating a $150 billion business. The group said the two divisions share many similarities, meaning "it makes good commercial sense to bring them together." All ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
Hejaz Group has introduced the first ever Islamic pension product, alongside a new super offering, advancing its commitment to offer comprehensive wealth services tailored for the Muslim community in Australia. Hejaz Islamic Super and Pension provides ...

Hejaz backs local Islamic bank

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
Hejaz Group has injected $10 million into Islamic Bank Australia as its chief executive takes up a directorship at the latter. The fledgling Islamic Bank Australia, which is currently operating under a restricted ADI, is due to launch some time in 2023-24. ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... investment committee, while the solution is underpinned by OpenInvest. Meezan Wealth Management founding director Rokibul Islam explained the solution was established in response to demand from Australian Muslims who wanted a simple and easy-to-use way ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
Crescent Wealth has responded to a significant event notice that said the fund's estimated costs weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

Hejaz receives RIAA fund certifications

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
Hejaz Financial Services received certification from the Responsible Investment Association Australasia (RIAA) on four of its funds. The funds include Hejaz Global Ethical Fund, Hejaz Equities Fund, the Hejaz Property Fund and the Hejaz Income Fund. ...