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Showing 1 - 10 of 28 results for "Islamic finance"

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... steadily increasing value. However, borrowing money to buy property and paying interest was forbidden (riba) under Islamic finance (Sharia) principles. With the Islamic SMSF structure, Meezan Finance provides funding which followed Islamic Musharaka ...

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 ...

Islamic Finance & Investments Association launches

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... 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 of Islamic Bank Australia, Wally ...

Hejaz receives RIAA fund certifications

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
... the high benchmark set for certification for four of its funds," RIAA chief executive Simon O'Connor said. The Islamic finance provider said regardless of faith, retail investors increasingly want to see themselves in their investments. It also added ...

Hejaz launches Sharia-compliant ETFs

CHLOE WALKER  |  MONDAY, 17 OCT 2022
... Muzzammil Dhedhy said: "While Islamic ETF products are widely available overseas, this will be the first time Islamic Finance products are listed on the ASX." By making it simple for retail investors to access our award-winning funds, we are taking an ...

Hejaz Financial Services, GBST provide online calculators

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
... website, delivering a responsive design ability for simple use on mobile phones, and branding consistent with the Islamic Finance firm's requirements. A statement said its interactive products are used by more than 100 financial services organisations ...

Hejaz Financial Services partners with outsource Financial

CHLOE WALKER  |  FRIDAY, 11 MAR 2022
... Muzzammil Dhedhy said. "However, the evidence shows that many still lack access to, or are completely unaware of, Islamic finance products. "Our partnership with outsource Financial, one of Australia's fastest growing and most innovative broker networks ...

New head of strategy at Crescent Group

ELIZABETH MCARTHUR  |  MONDAY, 6 DEC 2021
Crescent Group has appointed Islamic finance expert Sayd Farook to the head of strategy role, based in Sydney. His appointment comes as the group launches a five-year strategic plan to grow its assets under management to $5 billion by the end of 2026. ...

New shareholder at Crescent Wealth

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
... become a shareholder. "Crescent Wealth has been a pioneer in Australian financial services and a champion for Islamic finance initiatives. We share the same values and a passion for ethical investing. I look forward to working with the Crescent Group ...

Crescent Finance launches real estate funds

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... Islamic-compliant way. However, they are open to investors of all backgrounds. "Crescent Finance - unlike other Islamic Finance institutions, plans to provide authentic structures whereby they co-invest funds that are not simply borrowed from a conventional ...
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