Halal Super for Businesses: Supporting Your Staff the Right Way

Empowering Your Team Through Halal Superannuation: Why It Matters for Their Future

When it comes to superannuation, many Australians rely on default options set by their employers. While this can seem convenient, particularly for busy staff juggling work and life commitments, it may also mean unknowingly investing in areas that do not align with Islamic values. For Muslim employees, or anyone keen on ethical and Sharia-compliant investments, understanding—and potentially changing—your default super fund can make a significant difference in both faith compliance and long-term financial outcomes.

The Reality of Default Super Funds

Most workplaces in Australia offer a default super fund. While these funds can have their merits, they often invest in a broad range of industries and may earn interest (riba) or hold shares in businesses that are considered haram. Over time, employees who care about ethical or Islamic finance standards might feel uneasy about how their retirement savings are being managed.

The good news is that nearly all employees have the freedom to choose their own super fund. Requesting a “standard choice form” from your employer allows you to direct contributions into a more suitable fund—potentially one that aligns with Islamic finance principles. If you’re unsure whether your current superannuation is halal, it can be helpful to explore resources like our blog, Is your superannuation Halal?.

The Impact of Fees and Performance

Even small differences in fees and performance can have a huge impact on retirement savings. Superannuation is a long-term investment, and seemingly minor variations in annual fees or returns can add up significantly over the decades.

• Fees: High administrative or ongoing management fees eat into your nest egg.
• Performance: Consistent, stable growth—preferably without exposure to haram sectors—helps you move closer to the retirement lifestyle you want.

Over time, these factors can make a difference of thousands—or even hundreds of thousands—of dollars. That’s why it’s vital to review not only what you’re investing in but also how much you’re paying for that investment.

Why Halal Superannuation Matters for Staff Members

• Peace of Mind: For employees who value Islamic finance principles, opting for a Halal super fund can remove ethical dilemmas about where your money is being invested. Aligning your retirement savings with your values can bring a sense of calm and confidence in your financial future.
• Stronger Workplace Engagement: Employers who educate and support their staff’s financial well-being—particularly in areas like faith-aligned investing—often see improved morale and loyalty. After all, helping your team secure a retirement fund that resonates with their values is a meaningful way to show you care.
• Competitive Financial Returns: Halal superannuation solutions don’t necessarily mean sacrificing performance. Many Sharia-compliant funds are managed by experienced professionals who look for ethical and robust investment opportunities. In fact, these portfolios often focus on stable companies with lower levels of debt, which can help protect against market volatility in the long run and drive powerful returns.

Free Halal Superannuation Comparison for Businesses & Staff

At Purewealth Services, we offer a free Halal Superannuation Comparison at both a business and individual level:

For Businesses – We analyse your current default super fund to assess:

• Shariah compliance
• Fees & cost-effectiveness
• Historical performance
• Comparison with Halal alternatives

For Individual Staff Members – We conduct a personalised super review, helping each employee:

• Assess whether their current fund aligns with Halal principles.
• Compare alternative Halal super funds.
• Understand how fees & performance impact long-term growth.

This service is normally valued at $550, but we’re offering it free for a limited time.

If you’d like to explore how we can support your business and staff with a Halal, high-performing superannuation solution, feel free to reach out to us today.

How to Get Started

If you or your staff would like a deeper understanding of Halal superannuation, here’s how to begin:

• Request a "Standard Choice Form" from your employer to select a suitable fund.
• Compare different Halal super funds based on fees, performance, and investment strategies.
• Book a free super comparison with Purewealth Services to receive personalised insights.

Explore your options today and ensure your retirement savings align with both your financial future and your faith.

Contact us to schedule a free consultation and comparison.

Let’s build a Halal, ethical, and financially secure future—together.

General Advice Disclaimer

This is general advice only and does not take into account your particular objectives, financial situation, or needs. Before acting on any advice, you should consider its appropriateness in regard to your specific objectives, financial situation, and needs.