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Explore expert analysis on halal finance, ethical investing, and wealth management.

114 articles

The Islamic Bank Australia Story: How Close the Country Came to a Halal Bank (2026)
Article5 Aug 2026

The Islamic Bank Australia Story: How Close the Country Came to a Halal Bank (2026)

A restricted licence granted in July 2022, $20 million raised, a BSB and SWIFT code built, and a voluntary handback in March 2024. The full account of Australia's nearest miss, and what survives it.

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HalalWallet Editorial Team
Islamic Money Before Launch: What Australia's Would-Be Islamic Bank Is Actually Offering (2026)
Article5 Aug 2026

Islamic Money Before Launch: What Australia's Would-Be Islamic Bank Is Actually Offering (2026)

Waitlists, a world-class Shariah bench, 70% of a bank built, and zero products. The honest pre-launch guide to Islamic Money: what is planned, what is proven, and what to do meanwhile.

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HalalWallet Editorial Team
The Halal Money App by Hejaz: Spending Account and Halal Investing Reviewed (2026)
Article5 Aug 2026

The Halal Money App by Hejaz: Spending Account and Halal Investing Reviewed (2026)

A Visa debit spending account plus halal ETF investing from $100 in one app, from Australia's largest Islamic finance group. What it does well, what it costs, and the protection gap its own pages disclose.

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HalalWallet Editorial Team
Hejaz for Savers: Which of Australia's Biggest Islamic Group's Products Actually Fit a Savings Goal? (2026)
Article5 Aug 2026

Hejaz for Savers: Which of Australia's Biggest Islamic Group's Products Actually Fit a Savings Goal? (2026)

Hejaz runs funds, ETFs, super and an app, but nothing labelled a savings account. Which products genuinely serve a savings goal, which don't, and the pause notice that matters.

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HalalWallet Editorial Team
Everyday Banking for Muslims in Australia (2026): The Workaround Playbook
Article5 Aug 2026

Everyday Banking for Muslims in Australia (2026): The Workaround Playbook

Every Australian transaction account is conventional, so the goal is running one without riba. Account selection, the settings that matter, and the habits that keep a conventional bank halal-adjacent.

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HalalWallet Editorial Team
Minimising Interest in Australian Bank Accounts: The Complete Checklist (2026)
Article5 Aug 2026

Minimising Interest in Australian Bank Accounts: The Complete Checklist (2026)

Interest hides in defaults: linked savers, overdrafts, offset leftovers, round-up features. The account-by-account audit that finds every accrual point and switches it off.

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HalalWallet Editorial Team
Wadiah Accounts Explained: How Islamic Transaction Banking Would Work in Australia (2026)
Article5 Aug 2026

Wadiah Accounts Explained: How Islamic Transaction Banking Would Work in Australia (2026)

Wadiah is the safekeeping contract behind Islamic transaction accounts worldwide, and the structure Australia's would-be Islamic bank plans to use. How it works, and how it differs from your current account.

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HalalWallet Editorial Team
Wakala Term Deposits Explained: The Halal Alternative to Fixed Interest (2026)
Article5 Aug 2026

Wakala Term Deposits Explained: The Halal Alternative to Fixed Interest (2026)

Wakala is how Islamic banks worldwide pay savers without interest: you appoint the bank your agent, it invests, you take the actual profit. The mechanics, the expected-rate subtlety, and the Australian status.

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HalalWallet Editorial Team
Mudarabah Explained: Islamic Finance's Original Profit-Share, and Where Australians Actually Meet It (2026)
Article5 Aug 2026

Mudarabah Explained: Islamic Finance's Original Profit-Share, and Where Australians Actually Meet It (2026)

Mudarabah is the fourteen-century-old partnership between capital and effort that Islamic savings accounts are built on abroad. The mechanics, the criticisms, and its real Australian footprint.

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HalalWallet Editorial Team
Reviewed by: HalalWallet Editorial TeamLast reviewed: 2026-08-05Disclosure: No provider pays for placement or ranking on this page. Editorial policy and full disclosures.

All content reviewed by our editorial team before publication.