MELBOURNE, Australia, July 06, 2022 (GLOBE NEWSWIRE) -- The Islam finance sector is experiencing an immense amount of growth, and Australian Halal loans providers are making big moves to keep up. Hejaz Financial Services - which is currently in the process of establishing itself as Australia’s first digital Islamic bank - has announced a partnership with outsource Financial in order to provide even more Muslims with Sharia loans and achieve the Australian dream of property ownership; Chief Operating Officer Muzzammil Dhedhy discusses the alliance.
According to Hejaz Financial Services’ Dhedhy, Halal finance has recently seen a surge in demand as consumers - both Muslim and otherwise - become more aware of ethical, Sharia-compliant financial services. A past lack of awareness of and access to these services has prevented consumers from taking advantage of Islamic finance, says Dhedhy. However, with Hejaz Financial Services’ recent partnership with outsource Financial, Australians will certainly find it much easier to access these finance products moving forward.