ecommercenews: Australia's first halal financial app launched by Hejaz
https://ecommercenews.com.au/story/australia-s-first-halal-financial-app-launched-by-hejaz
Hejaz Financial Services has introduced Australia's first halal financial app, Halal Money, providing a range of Sharia-compliant financial products and services. The Halal Money app has achieved significant traction with over 15,000 downloads in the initial weeks following its beta release, marking a notable interest from the Muslim community across Australia. Globally, the Muslim population holds USD $4.5 trillion in assets but often faces a lack of suitable financial services that comply with Sharia law. Interest-based gains are generally prohibited under Islamic principles, yet investments that can provide returns within the confines of Sharia law, such as specific superannuation funds, are permissible.