The app allows Muslim users to spend, invest, and trade while adhering to their faith
Islamic financial group Hejaz has launched Halal Money, the first Shariah-compliant fintech app in Australia, designed to help Muslims manage their finances in accordance with Islamic principles.
The app, which allows users to spend, invest, and trade while adhering to their faith, simplifies financial management, enabling easy transfers and purchases.
Users can also explore Halal Exchange Traded Funds (ETFs) for Shariah-compliant investments. These ETFs are the first and only Halal ones listed on the ASX.
“We are excited to introduce Halal Money, the first fintech app in Australia designed to help Muslim communities manage their finances according to their beliefs,” said Hakan Ozyon (pictured), chief executive and founder of Hejaz. “With Halal Money, everyday spending, trading, and Shariah-compliant investing are made easy, providing access to financial well-being that aligns with the Islamic faith.”
“Halal Money is taking a great leap forward for the Muslim community,” said Muzzammil Dhedhy, Hejaz chief product and compliance officer. “We are proud to offer the first Shariah-compliant ETFs listed on the ASX.
“Our innovation in investing allows us to buy or sell our ETFs anytime during market trading hours. If you’re new to investing, our app provides personalised guidance to help you confidently nurture your financial future.”
“Halal Money is more than just a finance app,” said Ali Ozyon, chief marketing officer of Hejaz. “It’s a powerful platform designed based on three rules: keep it simple, keep it fresh, and keep it halal for everyone.
“With innovative technology, we have created a user-friendly experience that allows you to use your Halal Money debit card, or sync it to Apple Pay or Google Pay. You can also send and receive money to friends and family and pay bills with BPAY.”
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