Closing retail fund product
Hejaz Islamic Super and Pension
Hejaz announced in August 2026 that its super and pension product is closing. Rollovers and redemptions are delayed while underlying investment unit prices are finalised.
THE OVERVIEW
About Hejaz Islamic Super and Pension
Hejaz promoted this Sharia-compliant product within AMG Super. Its CEO confirmed the closure on 21 August 2026 and attributed the decision to the trustee. This is separate from the broader Hejaz investment-fund business.
Who can join
This profile is for existing members and people researching the former offer. It should not be used as a joining option.
THE SUPERGURU VIEW
Our take
An information page for affected members. The immediate task is understanding the closure process and the available alternatives.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE NUMBERS
Fees and investment returns
Use the product, investment option and employer plan on your statement. Lifecycle members need to choose the relevant stage. APRA's investment pathways may include closed options held by existing members.
Choose an investment option to see the figures
The costs and returns belong to the selected product, option or lifecycle stage.
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
A CLOSER LOOK
Inside Hejaz Islamic Super and Pension
Accounts and products
Hejaz Islamic Super and Pension, undergoing closure.
Investment choices
The product site describes Growth, Balanced and Conservative portfolios based on Islamic investment principles. These descriptions explain the product; they are not an invitation to invest during closure.
Insurance
Existing members should obtain written confirmation of any cover and its treatment during the closure before moving or cancelling another insurance arrangement.
Retirement income
The pension product is covered by the same closure and transaction-delay notices.
Advice and support
Contact the trustee and member service for account-specific closure instructions. Advice may help members compare a replacement fund and the implications for insurance.
Fee details to check
Use the account's current statement, PDS and closure notices for charges during the transition. Old marketing fee examples do not explain the final transfer amount.
Comparing investment performance
Delayed underlying unit pricing means a displayed balance may not establish the amount ultimately paid or rolled over.
Features worth considering
The product was built for members seeking Sharia-compliant investing.
THE LEGAL FUND
Fund size in APRA's annual reporting
AMG Super
At 30 June 2025. These are legal-fund totals, which can include several products and more than one account per person.
APRA annual fund-level statistics, June 2025. These older totals can differ substantially after mergers. Size is not a measure of suitability or investment quality.
Sources for Hejaz Islamic Super and Pension
Checked 2026-09-11. Documents and product terms can change after this date.