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Showing 11 - 20 of 51 results for "Sharia"

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising a diversified portfolio of Sharia-compliant Sukuk investments from the Bloomberg Global Aggregate USD Sukuk index. Distinct from traditional bonds that generate ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
As the likes of Crescent Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... Standard : "Superannuation is fundamental to ensuring a comfortable retirement, but we realised that there wasn't a Sharia account-based pension fund available to Australian Muslims. This can be particularly frustrating for large organisations that ...

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
A Sydney-based Islamic financial services firm has launched Meezan Invest to improve access to Sharia-compliant portfolios. The low-cost option will remove obstacles to ethical investing while revolutionising the way the Islamic community in Australia ...

Hejaz launches Sharia-compliant ETFs

CHLOE WALKER  |  MONDAY, 17 OCT 2022
Two of the group's Sharia-compliant funds are now available on the ASX, appointing a responsible entity for both. Both the Hejaz Equities Fund and the Hejaz Property Fund aim to create a positive impact and building wealth for members without negatively ...

Crescent Wealth names deputy managing director

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... experience and was appointed a Member of the Order of Australia (AM) in June. Crescent Wealth is Australia's first Islamic sharia-compliant super fund. Its finance arm is an Islamically-compliant lender, while its foundation and institute are not-for-profit ...

Hejaz Financial Services, GBST provide online calculators

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
... pleasure of helping Hejaz to deliver on its vision of providing easy-to-use online tools and calculators to complement its Sharia-compliant financial products and services for the Islamic community," she said. Hejaz head of marketing Ali Ozyon added ...

Equity Trustees wins Hejaz mandate

CHLOE WALKER  |  THURSDAY, 24 MAR 2022
Hejaz Asset Management has appointed Equity Trustees as responsible entity of three new Sharia-compliant funds. The three funds are the Hejaz Equity Fund, the Hejaz Property Fund and the Hejaz Income Fund. The Equity Fund aims to match the returns of ...

Hejaz Financial Services partners with outsource Financial

CHLOE WALKER  |  FRIDAY, 11 MAR 2022
The partnership will enable Hejaz to provide Australian Muslims with better access to its range of Sharia-compliant services and products. In recent research, Hejaz found that 36% of Australian Muslims do not have a savings account and 46% reluctantly ...