Hejaz Financial Services (Hejaz), Australia’s leading diversified provider of Islamic financial products and services, has selected GBST to provide a suite of nine online calculators, powered by GBST’s Equate technology, and underpinned by Equate’s Content Management Solution (CMS).
For GBST Digital, this three-year engagement is its first Islamic Banking client. Hejaz Financial Services has implemented calculators for insurance needs, extra repayments, offset, borrowing power, retirement adequacy, savings plans, stamp duty, insurance adequacy, and rent vs buy.
Brianna Dobing, Head of Digital at GBST, said, “We are excited to welcome Hejaz Financial Services on board and to work with Australia’s leading Islamic and ethically approved financial provider in a manner that is supportive of its mission and in keeping with the integrity of the product or service.
“The Digital team has had the pleasure of helping Hejaz to deliver on its vision of providing easy-to-use online tools and calculators to complement its Sharia-compliant financial products and services for the Islamic community.”
Ali Ozyon, Head of Marketing at Hejaz Financial Services, said, “GBST has a strong track record in building and delivering financial tools for major lending institutions. After a thorough market review, we chose GBST’s Equate technology for its customised set up and the ease of which we could edit calculators.
“As an Islamic-focused financial group, we use slightly different terms – for example, instead of interest rate, we use Ijarah rate – and it’s a fundamental requirement that we are able to configure these changes on our end. With the CMS solution that GBST has provided, we can easily edit field labels, rates and text, without incurring extra costs.”
GBST’s tools are currently live on Hejaz’s website, delivering a responsive design ability for simple use on mobile phones, and branding consistent with the Islamic Finance firm’s requirements.
GBST’s interactive products are used by more than 100 financial services organisations and millions of their customers in Australia, New Zealand, the UK, the United States, and Canada. The GBST Digital team works with financial services clients worldwide to improve brand reputation, build brand advocacy, and enhance online customer journeys, engagement, and acquisition. GBST’s customer experience experts create bespoke digital solutions for financial institutions from calculators to portals, apps, content management systems, and more.