Investing in Islamic ETFs

Hejaz made history by launching Australia's first-ever Halal ETFs on the ASX. Here is a guide on how to buy Islamic ETFs.

Download Halal Money

You can buy our Halal ETFs from Australia's first and only halal fintech app! 

Once your account is approved, transfer funds and you are ready to start investing and trading in Islamic ETFs.


Available for download in the Apple App Store or Google Play Store.

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Open an account with a broker that offers ETFs

The first step in buying ETFs is to open an account with a broker that offers them. There are a number of online brokers that offer ETFs, so it is important to compare their fees and features to find the best one for your needs. You will either need to deposit cash into your trading account or link a bank account instead.

Other trading apps

Our ETFs are also available in major trading apps such as CommSec, NABTrade, Stake, and Spaceship. Just search for our ETFs' ticker codes and trade immediately.

Determine which ETFs you want to buy

Once you have opened an account, you will need to log in and go into the trading section. Enter the ASX code or ‘ticker’ of the ETF you are interested in, either ‘ISLM’, ‘HJZP’, ‘SKUK’, ‘HJHI’ or ‘HHIF’ for Islamic ETFs.

Place an order for the ETFs

Once you have decided which ETFs you want to buy, you will need to place an order with your broker. Online brokers purchase and sell ETFs on your behalf through your instructions via Commsec, Nabtrade, and Westpac Share Trading. In addition, you can also use a non-bank like CMC Markets or Superhero.


ETF prices fluctuate throughout the trading day like shares. When you buy an ETF such as ‘ISLM’ , ‘HJZP’, ‘SKUK’, ‘HJHI’ or ‘HHIF’, you can request to buy it either at a specific price known as a limit order or as soon as possible at the best available price, known as a market order.

Wait for the trade to settle

Once your order has been placed, you will need to wait for the trade to settle. Your broker will notify you when the order has been completed.

Monitor your investment

Congratulations! You are now investing in an Islamic ETFs.

After the trade has settled, you will need to monitor your investment performance and ensuring they are meeting your investment goals.

Important Considerations

It’s difficult to tell if an investment will perform poorly. But there are warning signs that you can look out for.

Don’t panic
The stock market is volatile. It’s important not to panic when an investments price suddenly changes. Take the time to review your investment, why you bought it and if you think it will be worth keeping in the long run.
Financial and Accounting problems
Watch for mistakes, delays and media controversy over financial accounts. Genuine errors happen, but repeated accounting issues can be a sign of more serious problems.
Review your investment plan
It’s important to review your investments regularly. Your investments should be in line with your morals, financial goals, risk tolerance and investing time frame.

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