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Independent. Australian. Sharia-verified. Updated daily for listed ETFs, quarterly for unlisted funds — with every data block timestamped.
Featured comparison
ISLM vs HJHI
Both Hejaz Active ETFs · AAOIFI screened
ISLM · Equities
+8.4%
1Y net · ICR 2.11%
HJHI · High Income
+6.8%
1Y net · ICR 1.46%
DISC-004: Past performance is not a reliable indicator of future performance.
Independent
Not affiliated with any fund manager
Sharia-method tracked
AAOIFI, MSCI Islamic, S&P Shariah
ASIC RG 244 aligned
Factual information only — no AFSL needed
🇦🇺 Hosted in Sydney
AU data sovereignty across stack
Six featured placements — all shown at once (no scroll). Fund managers pay for a slot; always labelled, never affects sort order. (DISC-003)
1Y net
ICR p.a.
Sharia
DISC-004: Past performance is not a reliable indicator of future performance.
ASIC, AFCA, and editorial transparency notices on in-scope funds.
· · Right-of-reply pending (SLA 4h) Fund manager response filed
New fund profiles, compliance alerts, and education — straight to your inbox. Free, unsubscribe anytime (Spam Act 2003 compliant).
Halal-compliant products across categories. All Sharia-method-disclosed.
Non-Super
Listed ETFs, unlisted retail and wholesale funds for taxable investment.
funds available →
Superannuation
Meezan, Salaam, Wholesum SMSF, ICFAL institutional.
funds available →
Wholesale Hub
For s708 / s761G qualified investors only.
funds · Confirm eligibility →
Listed ETFs, unlisted retail funds, and co-operative products. All Sharia-disclosed.
| Fund | Manager | Type | 1Y | 3Y p.a. | ICR p.a. | Sharia | |
|---|---|---|---|---|---|---|---|
|
⚠
|
Unclear |
DISC-010 — Superannuation warning
Superannuation is a long-term investment. The Australian Government has placed restrictions on when you can access your superannuation savings. Your superannuation balance may fluctuate. Consider your investment time horizon and personal circumstances. It may be appropriate to seek advice from a licensed financial adviser.
Got a Self-Managed Super Fund?
SMSF holders can often invest their super into wholesale-grade halal products — not just the retail super options below. Many of these higher-return funds are SMSF-eligible. Explore the Wholesale Hub →
| Fund | Manager | 1Y | 3Y p.a. | Fee p.a. | MySuper | |
|---|---|---|---|---|---|---|
| MySuper— |
DISC-008: The information on this page is intended solely for Wholesale Clients as defined under Section 761G of the Corporations Act 2001 (Cth). If you are a retail investor, the products and information here may not be appropriate for you.
You qualify if any of the following apply to you:
Accountant certificate upload is available in MVP2 (FS-134). For MVP1 this is a self-declaration only — recorded with timestamp in our audit log.
Curated sophisticated investor products — eligible under s708 / s761G of the Corporations Act.
Many of these funds are SMSF-eligible.
If you have a Self-Managed Super Fund, you can often invest super savings into wholesale products listed here. Check your SMSF trust deed and seek advice. Read more in our methodology.
Target return
Min investment
DISC-008: Wholesale Clients only under s761G of the Corporations Act. Wholesale funds carry fewer disclosure protections — read the Information Memorandum and seek independent advice.
·
⚠ Compliance alert —
Right of reply:
Factual summary
Last verified: · Methodology
⚠Data quality notes
| Manager | |
| Product type | |
| Inception | |
| ARSN / APIR | |
| Distribution | |
| Min investment | |
| Currency | AUD |
Last verified:
Benchmark:
DISC-004: Past performance is not a reliable indicator of future performance. Benchmark values shown for context only; commercially licensed benchmarks (MSCI, S&P, Bloomberg, FTSE) are referenced by name only — index values are not republished by InvestHAQ.
Intervals shown adapt to the fund's track record. We don't pad short histories with placeholders.
As at · Inception · Some long-window returns omitted because the fund hasn't been running that long yet.
DISC-004: Past performance is not a reliable indicator of future performance.
All figures GST-inclusive (per methodology). Ex-GST disclosures footnoted.
| Management fees & costs | |
| Performance fee | |
| Transaction costs | |
| Indirect costs | |
| Total ICR |
Last verified:
Slide to see the dollar impact at different investment amounts.
Fee — 1 year
$
Fee — 5 years
$
Fee — 10 years
$
Linear estimate based on the current ICR (% p.a.). Actual fees depend on the fund's performance, asset growth, and any fee changes. Not personal advice.
Simplified at MVP1. Compare/filter by Sharia method is MVP2 (FS-40).
| Uses a Sharia screening method | |
| Method applied | |
| Certificate / methodology | View document— |
DISC-009: InvestHAQ's Sharia classification is based on publicly available information and the representations made by fund managers and their appointed Sharia advisers. We do not independently certify any product as Sharia-compliant. Users should conduct their own due diligence and consult with a qualified Islamic scholar if they require a personal Sharia ruling (fatwa).
Product Disclosure Statement (PDS)
Latest version · dated 30/04/2026
Target Market Determination (TMD)
Latest version · dated 30/04/2026
Information Memorandum (IM)
Wholesale only · dated 30/04/2026
DISC-006: Read the PDS and the TMD before any investment decision. PDS version history archive is MVP2.
DISC-005: This is factual information only and is not personal advice. Consider whether the information is appropriate for your circumstances and read the PDS before deciding.
Pick 2 to 5 funds. Best values highlighted in green, worst in amber.
| Field | |
|---|---|
Best values are highlighted; methodology applied to fee + return columns.
Pick at least 2 funds to compare. Open the fund list and tap "+" on the funds you want.
DISC-004: Past performance is not a reliable indicator. DISC-005: Factual information only, not personal advice.
We notify you (with consent) when any saved fund's data is updated.
Comparison · 3 funds
ISLM, HJHI, HHIF
Comparison · 2 funds
Meezan Super Balanced vs Salaam Balanced
Plain-English guides, glossary, FAQs, and Australian halal finance news.
Beginner guide
By Imtiaz B · 8 min read
By
Sukuk, Takaful, Zakat, Murabaha — plus Australian regulatory terms.
Common questions about halal investing, Sharia methods, and our methodology.
Islamic finance news from Australia and globally.
· · by
·
By Imtiaz B
Published · 6 min read
DISC-001 + DISC-002: InvestHAQ Pty Ltd does not hold an AFSL and does not provide financial product advice. This article is factual/educational information only.
DISC-009: Sharia classifications discussed here are based on publicly available information from fund managers' Sharia advisers. InvestHAQ does not independently certify products as Sharia-compliant.
Founder & Editor, InvestHAQ
Imtiaz is the founder of InvestHAQ. He has researched and invested in halal-compliant funds in Australia for over a decade and writes about Islamic finance, ASIC compliance, and ethical investing. He holds memberships with IFSB and ISRA.
Islamic finance, Australian regulation, and investment terms.
50+ Q&A pairs covering halal investing, Sharia methodology, regulation, and our process.
All FAQ answers are tagged FACTUAL or EDUCATIONAL and published via the CMS workflow.
Date-ordered news, fact-checked by InvestHAQ editorial.
·
Halal-finance-correct language throughout — we say "profit rate" and "distribution", never "interest".
Pick a fund and time horizon. See total returns and how much fees take away.
Open calculator →
See how monthly contributions grow. Goal context: kids' education, Hajj, home deposit, holiday.
Open calculator →
Coming in MVP2
Calculate annual Zakat on your investment portfolio (requires Sharia scholar review).
Coming in MVP2
Save for Hajj — set target, timeline, monthly amount.
Reference design: ASIC MoneySmart. Numbers are estimates, not advice.
Estimated value after years
$
Without fees
$
Fees take away
$
DISC-004 + DISC-005: Estimates only. Past performance is not a reliable indicator. This is factual information, not personal advice.
Halal-correct language: "profit rate" and "distributions", never "interest".
In years you could have
$
Total contributed
$
Distributions earned
$
DISC-004 + DISC-005: Estimates only. Past returns are not indicative. Factual information, not personal advice.
How we screen funds, calculate fees, compare benchmarks, and refresh data.
For each fund we record whether it uses a documented Sharia screening method (Yes / No / Unclear), which standard is applied (AAOIFI, MSCI Islamic, S&P Shariah, FTSE Yasaar, Dow Jones Islamic, or a custom approach), and a link to the certifying document where available. We do not adjudicate between standards. DISC-009 applies.
Returns shown are net of fees, as disclosed by the fund manager. Where the benchmark is a commercially licensed index (MSCI, S&P, Bloomberg, FTSE Yasaar) we display only the index name and link to the licensor's factsheet — we do not republish index values. CPI- and RBA-based benchmarks are calculated against ABS / RBA public data.
All fees are presented on a GST-inclusive basis. Where a fund discloses fees ex-GST, we apply a 10% GST adjustment and footnote the conversion. Where a fund does not disclose a single ICR figure, we show the components individually and the headline ICR as "Not disclosed" — we do not calculate or estimate it.
Listed ETFs refreshed daily. Unlisted retail and wholesale funds refreshed quarterly. Superannuation funds refreshed quarterly. Each fund profile shows a "Last verified" date adjacent to the data. Source documents include the fund's PDS, IM, TMD, and the fund manager's website.
InvestHAQ is Australia's first independent halal investment comparison platform. We provide factual information only — we are not affiliated with any fund manager, we do not provide financial product advice, and we do not transact on your behalf.
Our revenue is from flat-fee data distribution arrangements with fund managers (disclosed in the Conflicts of Interest Register) and from affiliate referrals to provider websites. We do not receive per-lead commissions or accept payment for editorial coverage.
Our Sharia Advisory Board reviews our classification methodology but does not audit individual fund holdings.
Current regulatory status
Stage 1 — Information only. InvestHAQ Pty Ltd does not hold an AFSL. ABN: [pending]. Hosted in Sydney, Australia.
Every commercial relationship we have is listed here. Updated when relationships change. This page is read live by the disclosure interstitial (FS-150).
| Provider | Relationship | Since |
|---|---|---|
| Hejaz Capital | Flat-fee data distribution | 2026-06-01 |
| Wholesum Asset Management | Flat-fee data distribution + content licence | 2026-06-15 |
| All other funds | No commercial relationship | — |
InvestHAQ Pty Ltd complies with the Privacy Act 1988 (Cth) and the 13 Australian Privacy Principles. We collect only the data we need to operate the platform. All personal data is encrypted and stored in the Azure Australia East region. You have the right to access, correct, export, or delete your data at any time.
[Lawyer-reviewed full policy at launch. Placeholder for prototype.]
Use of InvestHAQ is for personal, non-commercial purposes. Information is provided as-is for factual reference only and does not constitute financial advice. Liability is limited to the maximum extent permitted by law. Governing law: Victoria, Australia.
InvestHAQ commits to WCAG 2.2 Level AA conformance. We test with NVDA and VoiceOver. Charts include data-table fallbacks for screen readers. Report accessibility issues to accessibility@investhaq.com.au.
Save comparisons, get alerts, follow funds.
Exact matches on fund codes (HJHI ≠ HHIF); fuzzy matches on names and articles.
No results. Try another search term.
A directory of Australian financial advisers and accountants who understand Sharia-compliant investing. InvestHAQ does not provide personal advice — these professionals do.
Showing 8 of 12 verified professionals. [v0.4 spec: "10+ advisors and accountants" figure to be verified before publish.]
DISC-005 — Always seek advice from a qualified, licensed professional appropriate to your circumstances. InvestHAQ does not provide personal financial advice.
Verified credentials
DISC-012 — Verification confirms credentials, not advice quality.
Connect with other Australian halal investors. Read member-contributed stories. Share questions. Learn together.
By Sarah K. · Melbourne · 12 June 2026
DISC-005 — Member experience only, not advice.
Discussion · 23 replies · 4 days ago
Education only — not religious ruling.
Lakemba Library · 6:30 PM · Free
Organised by community members.
Community is a free section — no paywall, no monetisation. Community contributions are not investment recommendations.
Sign in to post a question, share a story, or RSVP to a local event. All posts moderated before publication.
Sadaqah, Zakat, and ethical giving — verified Australian charities and Islamic relief organisations. A free-listing area for non-profits; not a paid placement.
ABN verified · DGR endorsed · ACNC registered
Emergency relief, water, food, education in 20+ countries.
ABN verified · DGR endorsed · ACNC registered
Zakat, Sadaqah, qurbani, orphan sponsorship.
ABN verified · DGR endorsed · ACNC registered
Long-term development + emergency response.
Listed charities must be ACNC-registered with DGR status. Listings are unpaid. Inclusion is editorial — not endorsement of individual programs. InvestHAQ does not collect donations on behalf of charities.
Editorial Independence — Sponsored partners are kept separate from this corner.
Editorial workflow · Fund data · Compliance alerts · GEO crawler activity
Funds
Open: · Paused: · Closed:
Articles
1 pending review
Active alerts
1 reply pending (3.5h)
Outbound clicks (7d)
1,247
+12% vs prior
Tracking AI bot visits per spec v2 §7 (Generative Engine Optimization).
GPTBot
412
ClaudeBot
287
PerplexityBot
156
GoogleOther
89
CCBot
34
Upload Excel master → validate → review diff → merge.
Drop Fee_Master.xlsx or Sharia_Master.xlsx here
Last upload: 31/05/2026 by Imtiaz · 39 rows · 2 warnings
| Fund | Status | Last verified | |
|---|---|---|---|
Imtiaz's spreadsheet, now in the platform. Upload missing documents; system auto-links to fund profile.
| Fund | PDS | TMD | IM | Status |
|---|---|---|---|---|
| Hejaz Equities (ISLM) | ✓ | ✓ | — | Complete |
| Hejaz High Income (HJHI) | ✓ | Missing | — | 1 missing |
| Hejaz Enhanced Income | N/A | N/A | ✓ | Complete |
| MCCA Income Fund | Missing | Missing | — | 2 missing |
| Wholesum Responsible | N/A | N/A | ✓ | Complete |
N/A = not required for this fund type (e.g. wholesale funds use IM only — no PDS/TMD).
Draft → Editor → Legal → Publish. Tag to specific funds. Set visibility. GENERAL_ADVICE blocked at Stage 1.
📢 "Hejaz Property Fund (HJZP) on trading halt — ASX notice 02 Jun 2026"
NEWS ALERTAuto-rendered on the HJZP fund profile + Logged-in user news feed. Linked to compliance alert workflow.
"ICFAL announces fee structure change effective 1 July 2026"
NEWS"RBA raises cash rate to 4.35% — impact on halal income funds"
MARKET NEWSAppears in the News section. Not linked to any specific fund profile.
"Understanding Sukuk: a beginner's guide"
ARTICLE"Top 3 funds we recommend for 2026"
BLOCKED⚠ Publish blocked — GENERAL_ADVICE content cannot be published at Stage 1. Either reclassify as FACTUAL/EDUCATIONAL (after rewording) or wait for Stage 2 (CAR/AFSL).
12
Public posts
7
Logged-in only
31
Tagged to funds
1
Blocked
Right-of-reply SLA: 4 hours from receipt.
Admin switch — turn on commercial-relationship disclosure after launch when affiliate partners are signed.
Currently ON — commercial relationships visible to users via FS-150 modal.Currently OFF — reminders shown but commercial section hidden. Useful in early launch before affiliate partnerships finalised.
Append-only · 7-year retention.
| When | Who | Action |
|---|---|---|
| 03/06/2026 14:22 | Imtiaz | Published article "AAOIFI screening" |
| 03/06/2026 13:48 | Imtiaz | Updated HJZP fund — Status PAUSED → OPEN |
| 02/06/2026 09:10 | Editor | Posted ASIC alert on Hejaz Property Fund |
| 01/06/2026 17:35 | Imtiaz | Uploaded Fee_Master.xlsx — 39 rows merged, 2 warnings |
| 01/06/2026 09:00 | System | llms.txt regenerated · sitemap.xml updated |
Hourly automated checker on all outbound provider links.
| Fund | Link type | Last checked | Status |
|---|---|---|---|
| Hejaz Equities (ISLM) | PDS link | 03/06/2026 14:00 | OK |
| MCCA Property Fund | Provider site | 03/06/2026 14:00 | 404 — manual fix needed |
| Wholesum Responsible Fund | IM link | 03/06/2026 14:00 | OK |
4 mechanisms — login gate (AM-1), paywall (AM-2 future), fund-manager CPC (AM-3), B2B professional access (AM-4) + 6 commercial placements (FS-201..206).
AM-3 · Fund-manager CPC
Pay-per-click on outbound PDS / IM / provider site links. Primary revenue mechanism. CPC ≠ affiliate commission.
| Tier (FS-201) | $ / click | Funds | Clicks 7d |
|---|---|---|---|
| Tier 1 — Premium | $4.50 | 3 | 186 |
| Tier 2 — Standard | $2.20 | 8 | 412 |
| Tier 3 — Listing | $0.80 | 14 | 649 |
| Total · 7d | 25 | 1,247 |
AM-4 · B2B Professional Access + FS-204.8 click packs
Advisors purchase click packs to appear in directory + receive lead introductions.
| Pack | Clicks | Price | Sold 30d |
|---|---|---|---|
| Starter | 25 | $ 250 | 14 |
| Growth | 100 | $ 900 | 6 |
| Pro | 500 | $3,750 | 1 |
| 30d revenue | $13,650 |
Commercial Placements (FS-202..206)
| FS-ID | Placement | Status | Sponsor | Expires | |
|---|---|---|---|---|---|
| FS-202 | Featured Article (Education) | Live | Hejaz Asset Management | 30 Jun 2026 | |
| FS-203 | Featured Comparison (Compare page) | Live | Wholesum Sustainable | 15 Jul 2026 | |
| FS-204 | Adviser Corner (Find an Advisor) | Live | 12 advisors listed | — | |
| FS-205 | Sponsored Education Module | Draft | — | — | |
| FS-206 | Give Back Corner (Giving) | Live | Editorial — free | — | |
| FS-150 | Sponsor / Partner Disclosure Interstitial | Affiliate-mode flag | — |
All sponsored placements require FS-150 disclosure interstitial when affiliate-mode is on. Edit per BRD §10.2 (DISC-002).
v0.4 Section 7 launch blockers (AIV-1..14) — robots.txt allow-list, llms.txt, JSON-LD, Schema validation, FAQ ecosystem, citation tracking.
AIV-1 robots.txt allow-list
5 bots allowed
GPTBot · ClaudeBot · PerplexityBot · GoogleOther · CCBot
AIV-2 llms.txt
Generated · 142 pages indexed
Last regen: 17 Jun 2026 02:14
AIV-3 llms-full.txt
2.4 MB
Companion file — opt-in per page (AIV-4)
AIV-5 JSON-LD schema
Article · FAQ · Organization
All 3 templates validated
AIV-6 Schema CI validation
Gate OK
Build #2,341 — 0 errors
AIV-11 FAQPage schema
8 of 50 FAQs
Target: ≥30 by launch
llms.txt preview (AIV-2)
# InvestHAQ — AI-readable site map # Auto-generated 17 Jun 2026 02:14 AEDT ## About - Title: InvestHAQ — Independent Halal Investment Platform - Region: Australia - Stage: Stage 1 (factual information only, no AFSL) ## Key fund profiles (cite-able) /investments/funds/HEJAZ-ISLM /investments/funds/HEJAZ-HHIF /investments/funds/MCCA-PROP ... ## Methodology pages /methodology/screening-sharia /methodology/performance-benchmarks /methodology/fees-cost-normalisation ## FAQ ecosystem (AIV-11) /faq/comparison-rules /faq/sharia-methods
Citation tracking (post-launch)
| Engine | Citations 30d | Δ |
|---|---|---|
| ChatGPT | 12 | +8 |
| Perplexity | 8 | +5 |
| Google AI Overviews | 3 | +1 |
| Claude | 2 | — |
AIV-12 · AIV-13 — Proprietary data must remain crawlable HTML; data-freshness signals added per Section 7.
Transactional email (FS-184), Welcome sequence (FS-185), Newsletter (FS-186), Unsubscribe preferences (FS-190).
Subscribers
2,318
+86 last 7d
Weekly digest open rate
38%
Last sent 16 Jun
Welcome series
5 emails
FS-185 active
Unsubscribe rate 30d
0.4%
Below industry 1.2%
| Template | Trigger | Last 7d sent | Open · Click | |
|---|---|---|---|---|
| Email verification (FS-122) | Sign-up | 86 | 91% · — | |
| Welcome email 1/5 (FS-185) | Verification complete | 74 | 62% · 18% | |
| Password reset (FS-124) | Reset request | 12 | 89% · 82% | |
| Weekly digest (FS-186) | Monday 06:00 AEDT | 2,318 | 38% · 6.2% | |
| Saved comparison email (Flow 7) | Manual re-engage | 340 | 44% · 11% |
All marketing email complies with the Spam Act 2003 — one-click unsubscribe (FS-190) on every send. SPF / DKIM / DMARC verified.
Per-page meta editor, JSON-LD schema status, XML sitemap, robots.txt, 301 redirect management.
Pages with SEO meta
142 / 142
100% covered
XML sitemap
Live
Last gen 17 Jun
robots.txt
Valid
5 AI bots allowed
301 redirects
23 rules
0 redirect loops
Per-page meta editor (FS-191)
| Slug | Title (≤60 chars) | Description (≤160) | Status |
|---|---|---|---|
/ | InvestHAQ — Independent Halal Investment Platform | Compare 38+ halal investment funds... | ✓ 58 / 145 |
/investments/funds/HEJAZ-ISLM | Hejaz Equities Fund (ISLM) · Performance, Fees, Sharia Method | Compare ISLM against MSCI World Islamic Index... | ✓ 60 / 158 |
/learn/sharia-methods | What are AAOIFI, S&P, MSCI Sharia screening methods? | Compare the major Sharia screening methodologies... | ⚠️ Title 64 chars |
Scraping tools (FS-167/168), data feeds (FS-170..175), scheduled jobs (FS-157), CPI & RBA feeds (FS-178/179).
| Feed | Source | Schedule | Last run | Status | |
|---|---|---|---|---|---|
| ASX ETF prices (FS-170) | ASX market data | 15-min · weekdays 10:00-16:00 | 17 Jun 15:45 | OK · 0 errors | |
| Unlisted Retail Fund data (FS-171) | Provider scrape (FS-167) | Daily 02:00 AEDT | 17 Jun 02:14 | OK · 14 funds | |
| Unlisted Wholesale Fund data (FS-172) | Provider scrape | Weekly Mon 02:00 | 16 Jun 02:31 | 3 funds needed manual | |
| Super fund data (FS-174) | APRA + provider scrape | Daily 03:00 | 17 Jun 03:08 | OK · 4 funds | |
| ASIC compliance feed (FS-175) | ASIC RSS + scrape | Hourly | 17 Jun 15:30 | OK · 2 alerts ingested 7d | |
| CPI feed (FS-178) | ABS free API | Quarterly | 30 Apr 2026 (Q1) | OK | |
| RBA cash rate (FS-179) | RBA public CSV | Monthly · 1st Tue | 03 Jun 2026 | OK · 3.85% | |
| USD/AUD FX (FS-181) | RBA + ABS | Daily 16:00 | 17 Jun 16:02 | OK · 0.661 |
Scraping correction queue (FS-168)
3 unresolved items · oldest 2d
Scheduled jobs registry (FS-157)
9 jobs · 0 failed in 24h
FS-204.7 verification workflow · FS-204.9 admin moderation. Verify AFSL / Tax Agent / ABN before listing goes live.
Pending verification
3
Oldest: 2d
Verified · Live
12
All paid up
Rejected
1
AFSL not confirmed
Lead intros 30d
47
+23 vs prior
| Applicant | Firm | AFSL / Tax Agent | ABN | Submitted | Action |
|---|---|---|---|---|---|
| Aisha Rahman | Halal Wealth Advisors | AFSL 532 891 ✓ · TA n/a | Verified | 15 Jun | |
| Omar Sayed (Accountant) | Sayed Tax Services | TA 25-678910 ✓ · AFSL n/a | Verified | 16 Jun | |
| Khalid Mahmoud | Mahmoud Financial Planning | AFSL pending verification | — | 15 Jun |
of 5 selected ·
We'll forward your details to at . They'll contact you directly.
DISC-012: Listings in this directory are paid placements. InvestHAQ verifies credentials but does not endorse individuals.
DISC-005: Seek licensed financial advice — InvestHAQ does not provide personal advice.
You are about to leave InvestHAQ to view the for:
Commercial relationship
See our Conflicts of Interest Register (read live by this modal)
DISC-006: Read the PDS and the TMD before any investment decision.
DISC-005: This is factual information only — not personal advice.
Choose: archive copy (mirrored on InvestHAQ, Sydney) or direct to provider site (we log click for affiliate reconciliation).