Australian Fintech: Hejaz Financial Services appoints Openmarkets to power Australia's first sharia-compliant investing platform

Apr 4, 2024 Hejaz

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https://australianfintech.com.au/hejaz-financial-services-appoints-openmarkets-to-power-australias-first-sharia-compliant-investing-platform/

Trading and wealth fintech Openmarkets has been appointed by Australia’s leading Islamic finance provider, Hejaz Financial Services, to provide innovative trading and execution technology solutions that will power Hejaz’s sharia-compliant investing platform.

The platform, currently in development, will be supported by Openmarkets’ API-led market infrastructure technology, enabling its clients access to Australia’s first sharia-compliant ASX-listed ETFs, including the Hejaz Equities Fund (ASX: ISLM), the Hejaz Property Fund (ASX: HJZP), and its Hejaz Sukuk Fund (ASX: SKUK), the latter being comparable to a traditional bond ETF.

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