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Thursday, 06/16/2005 8:45:15 PM

Thursday, June 16, 2005 8:45:15 PM

Post# of 49
This is right out of this sight. if you get a quote you'll see it under news.
Halal board of directors declare 4 for 1 stock split
DELAWARE - PRNewswire-FirstCall - June 16
DELAWARE, June 16 /PRNewswire-FirstCall/ - Halal Financial Services (HLLF.PK) a Delaware corporation is pleased to announce the approval by the board of directors of a 4 for 1 forward split of their common shares. This forward split was approved on June 16th, 2005 by the board. These new shares will be distributed to all shareholders of record as of close of business June 22nd, 2005. Shareholders of record will receive 3 additional shares of common stock for every 1 share of common stock beneficially owned. On Monday June 27, 2005 Halal will be trading under the same symbol and same cusip number.

Halal Financial Services Inc CEO Tariq Mahmood comments: "the directors have agreed to this split the stock to enhance shareholder value. We look forward to advising our shareholders of exciting new developments in the near future."

Halal Financial Services (HFS) is the world's first Islamic Web Portal solely devoted to Halal Financing Methods for Muslims and non Muslims globally. HFS has been servicing the UK market place providing Halal Mortgages through its web portal www.halalmortgages.com.

This press release contains "forward-looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and is subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in Halal Financial Services reports that will be on file with the US Securities and Exchange Commission.

Please visit www.halalfinancialservices.com or www.halalmortgages.com for more information.

Halal Financial Services Inc.



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