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Showing 1 - 10 of 26 results for "Muslims"

Hejaz awards technology mandate to wealth platform

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... Sukuk Fund (ASX: SKUK). Openmarkets said the introduction of this platform will be an "important milestone" for Australian Muslims who require their investments to comply with shariah principles, thereby circumventing companies engaged in activities ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... different levels. Firstly, because buying property in Australia, particularly in Sydney was expensive, many Australian Muslims struggled to come up with the needed 20% deposit. Because a single SMSF can have up to six members, family and friends could ...

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... the first two years, for example. Its mission was to deliver financial services and products that align to Australian Muslims' faith and values. On its website, Islamic Bank - also known as Islamic Money - said the decision was the result of not being ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... will function as the market maker. Hejaz chief executive Hakan Ozyon said that the firm was founded to afford Australian Muslims the opportunity to increase their wealth in alignment with their faith, through access to "world-class" financial products. ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... 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 want to do the right thing and make sure all of their ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... 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 to grow their wealth via professional portfolio management while staying true to their ...

Hejaz receives RIAA fund certifications

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
... as delivering on their promise by an independent certifier. "Hejaz's mission is to not just enable financial access for Muslims but also provide non-Muslims with ultra-ethical products that they can trust," Dhedhy added. "That's why it was so imperative ...

Hejaz launches Sharia-compliant ETFs

CHLOE WALKER  |  MONDAY, 17 OCT 2022
... we are taking an important step towards our goal of providing high-performing, ethical financial products to Australian Muslims, he added. "Hejaz is also planning to launch a third ETF before the end of the year, providing retail investors with greater ...

Hejaz launches financial advice service

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
... that demand for sustainable, faith-based, and ethical financial products and services is growing. There are over 800,000 Muslims living in Australia and Dhedy believes that financial advice needs to become more tailored to their customer demands. "Australians ...

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 ...
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