Hejaz Sukuk Active ETF

Hejaz Sukuk Active ETF is an actively managed exchange traded fund that focuses on investments in Sukuk, which are Islamic financial certificates similar to bonds and structured to comply with Sharia law prohibiting interest-bearing instruments. The primary purpose of this fund is to provide investors exposure to a diversified portfolio of Sharia-compliant fixed income securities issued globally, with the objective of achieving a total return that reflects movements in the Bloomberg Global Aggregate USD Sukuk Index over a rolling 5 to 7-year period. Notable features of the ETF include its emphasis on ethical and faith-based investing by selecting Sukuk that meet strict Islamic finance standards, making it suitable for those seeking halal investment solutions. The fund impacts sectors related to Islamic finance, emerging markets, and global debt markets, and plays a significant role in broadening access to alternative, income-generating assets for both retail and institutional investors in Australia. By offering regular income distributions with no franking, the ETF supports portfolio diversification and provides investors with an opportunity to participate in the growing global market for Islamic financial products.