Hejaz High Income Active ETF (ASX: HJHI)

The Hejaz High Income Active ETF (ASX: HJHI) is designed for Australian Muslim investors seeking consistent halal income without compromising faith. Managed by Hejaz, HJHI focuses on Sharia-compliant, income-generating equities that offer regular distributions and exposure to global markets. 

On this page, you’ll discover what HJHI is, how it works, and how it fits within Hejaz’s suite of halal ETFs solutions built for faith-conscious investors. 

What Is HJHI?

HJHI stands for Hejaz High Income Active ETF, an ASX-listed exchange-traded fund aiming to provide investors with regular halal income and moderate capital growth. 

Rather than manually hunting for dividend-paying shares, investors can access a diversified portfolio of income-producing, Sharia-screened assets in a single trade.  

If you’re new to Islamic investing, it helps to first understand how halal collective funds work, see our article on Is Investing in Mutual Funds Halal? for a complete breakdown. 

HJHI vs HHIF 

While HJHI focuses on generating stable, ongoing income from global equities, Hejaz High Innovation Active ETF (ASX: HHIF) is geared toward growth in emerging innovation sectors. Together, they provide Muslim investors with both income and growth opportunities under a halal framework. 

How Does HJHI Work? 

HJHI invests in a diversified portfolio of income-producing equities, carefully screened to ensure ongoing Sharia compliance. As an actively managed fund, Hejaz’s investment team selects and adjusts holdings to aim for optimal potential returns while managing downside risks. 

Key Features 

• Ticker: ASX: HJHI
• Objective: Deliver halal income through consistent cash distributions
• Management style: Active, with continuous oversight by experienced professionals
• Liquidity: Buy and sell like any ASX-listed share
• Distributions: Typically paid quarterly

By holding HJHI, investors gain access to global dividend opportunities while maintaining a faith-aligned investment portfolio. 

Sharia and Halal Considerations for HJHI

A key question for many investors is: Is HJHI halal? Yes, the fund is part of the Hejaz suite of Sharia-certified halal ETFs overseen by an independent Sharia Supervisory Board. 

What Makes It Halal

• No Riba (Interest): HJHI excludes any interest-bearing securities or conventional banks.
• No Haram Activities: The fund avoids exposure to alcohol, gambling, tobacco, adult entertainment, and other prohibited industries.
• Transparent Screening: Every holding is reviewed and approved under Sharia screening criteria.
• Ongoing Audits: Regular independent reviews ensure all activities remain compliant.

How to Buy HJHI 

Investing in HJHI is straightforward for both individual and institutional investors. 

1. Open the Halal Money app 
2. Tap “Invest” in the navigation bar 
3. Browse halal ETF options 
4. Select Hejaz High Income Active ETF (ASX: HJHI)
5. Tap “Buy”  
6. Enter your investment amount 
7. Confirm your order

Fees, Risks and Performance

Like all ETFs, HJHI has management fees that cover professional oversight, screening, and administrative costs, along with standard brokerage fees when trading on the ASX. For full details about fees and costs, please refer to ours Product Disclosure Statement (PDS). 

Common Risks 

• Market Risk: Equity values and distributions may fluctuate.
• Sector Concentration: Income-focused portfolios may be heavier in certain sectors.
• Active Management Risk: Performance depends on manager skill and market timing.
• Currency Risk: International exposure introduces exchange-rate movements.

Who Is HJHI Suitable For? 

HJHI caters to individuals and organisations seeking financial growth guided by Islamic principles. It’s ideal for Muslims and value-driven investors who prefer interest-free financial solutions. 

Suitable For 

• Income-focused investors seeking steady, halal cash distributions.
• Muslim professionals aiming to build wealth or retire through Sharia-compliant portfolios.
• Advisers building diversified halal income allocations for clients.

Less Suitable For 

• Short-term traders seeking quick capital gains.
• Investors requiring capital guarantees or zero-risk exposure.

If you’re balancing growth and income, consider pairing Hejaz High Income Active ETF (ASX: HJHI) with innovation-focused funds like Hejaz High Innovation Active ETF (ASX: HHIF) for diversified halal returns. 

Get Started Today 

Hejaz High Income Active ETF (ASX: HJHI) provides Australian Muslims with an accessible way to earn regular halal income while upholding Islamic values. Professionally managed, transparently screened, and actively overseen for Sharia compliance, HJHI fits within a halal ETF portfolio or a faith-aligned superannuation plan. 

FAQs

Is HJHI a Sharia-Compliant ETF?

Yes. Hejaz High Income Active ETF (ASX: HJHI) is part of the Hejaz halal ETF suite certified by independent Sharia scholars. Each holding is screened for compliance, excluding Riba-based instruments and haram sectors. The fund undergoes regular reviews to maintain the standards of Islamic investing. 

How Does HJHI Generate Income?

Hejaz High Income Active ETF (ASX: HJHI) invests in companies with strong profit histories and reliable dividend payments. Instead of earning interest, investors share in profits generated by tangible business activities. Returns are distributed periodically, offering a consistent halal income stream that aligns with the principles outlined in Is Investing in Mutual Funds Halal?. 

What Fees Does HJHI Charge?

Hejaz High Income Active ETF (ASX: HJHI) charges a transparent management fee that covers fund administration, active management, and Sharia screening. Standard ASX brokerage fees apply when buying or selling units. For full details about fees and costs, please refer to our Product Disclosure Statement (PDS). 

How Often Does HJHI Pay Distributions?

Distributions are typically paid quarterly, reflecting dividends and profit shares from the fund’s underlying holdings. The frequency and amount can vary based on company earnings and market performance. 

What’s the Difference Between HJHI and HHIF?

Both are part of the Hejaz Halal ETF range, but they serve different investor goals: 

• Hejaz High Income Active ETF (ASX: HJHI): Focuses on stable, halal income.
• Hejaz High Innovation Active ETF (ASX: HHIF): Focuses on innovation and long-term growth.

Holding both allows you to diversify in halal way, one for income, the other for potential expansion. 

Is HJHI a Good Long-Term Investment?

Yes. For investors seeking steady, Sharia-compliant income and modest capital appreciation, HJHI can be a core holding in a long-term portfolio. It complements broader halal strategies like halal ETFs, superannuation, and Islamic pensions. 

Why Invest in HJHI Through Hejaz?

Hejaz is Australia’s established Islamic financial services provider, offering an integrated ecosystem of halal investments, from ETFs to Islamic superannuation and pension. By investing through Hejaz, you gain: 

• Expertise rooted in Islamic finance and modern portfolio management.
• Transparent, audited, and faith-aligned investment products.
• Access to diversified solutions, income (Hejaz High Income Active ETF), innovation (Hejaz High Innovation Active ETF), and retirement (Hejaz Islamic Superannuation and Pension).

Take the next step toward halal income investing, explore Hejaz High Income Active ETF (ASX: HJHI) today! 

Disclaimer: 

Hejaz Asset Management Pty Ltd (ABN 69 613 618 821, AFSL 550009) is the Investment Manager for Hejaz investment funds. The information contained on the Hejaz website, in our product documentation, and in any promotional material is provided for general information purposes only and does not take into account your personal objectives, financial situation, or needs. It is not intended to be, and must not be relied upon as, financial, legal, tax, or other advice. You should consider whether the information is appropriate for your circumstances and read the relevant Product Disclosure Statement (PDS) or offer document before making any investment decision. We recommend you obtain independent professional advice before investing.

All investments carry risk. The value of investments and the income from them can go down as well as up, and you may lose some or all of the capital you invest. Past performance is not a reliable indicator of future performance. Product features, fees, and charges may change without notice. While we aim to ensure the accuracy of information provided, Hejaz Asset Management Pty Ltd makes no representation or warranty as to the accuracy, completeness, or currency of the information and accepts no responsibility for any loss or damage arising from reliance on it.

References to “Islamic” or “Sharia-compliant” products relate to compliance with Islamic finance principles as interpreted by our appointed Sharia advisers. These interpretations may differ from those of other scholars or organisations.

By accessing the Hejaz website, materials, or products, you acknowledge and agree to the terms of this disclaimer.