The funding milestone will enable Hejaz to expand its Sharia-compliant financing solutions, catering to the growing demand across property, auto, SME, commercial, and development finance in the Australian market.
Australia's leading Islamic financial services provider Hejaz Group has secured a €100 million ($185 million) funding facility from a UAE-based private wealth group, allowing it to extend its offerings beyond its mainstays of pension funds, exchange traded funds (ETFs), real estate and personal asset management.
The funding milestone will enable Hejaz to expand its Sharia-compliant financing solutions, catering to the growing demand across property, auto, SME, commercial, and development finance in the Australian market.