Australian Fintech: Hejaz Financial Services appoints Openmarkets to power Australia's first shariah-compliant investing platform
04 Apr 2024 australianfintech.com.au
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 shariah-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 shariah-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.