When Hakan Ozyon and Muzzammil Dhedhy co-founded Islamic financial services company Hejaz in 2014, they were tired of being forced to choose between their faith and things such as growing wealth, buying a house, or taking out insurance cover.

For most Australians, buying shares, applying for a home loan or getting health insurance is simple. But for Australia’s 800,000-plus Muslims, doing any of these comes with unique complexities.