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Experts Say Australia Still Has Long Way to Go in Closing the Gap on Financial Inclusion

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The rise of Islamic banking opens up a much larger discussion around ethical banking and financial inclusion.

Press Release


Sep 15, 2022 08:00 AEST

According to Islam finance providers, Hejaz Financial Services, there is still a distinct lack of ethical options in the local banking and financial services sector. The Halal loans experts say they are working hard to bridge this gap to improve the quality of life for everyday Australian Muslims.

The 2021 Australian Census revealed a 34.6 per cent increase in Australia’s Muslim population, making Islam the second largest religion in the country.

Recent research from Hejaz found that one in…

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