After our successful Perth visit last month we continued up North to Darwin!

Our mission was simple, to meet our wonderful community, members and deliver our passion of educating our communities about the importance of superannuation, retirement planning and the positive role Islamic Investments can play.

To that end Crescent Wealth visited Darwin from the 6th – 8th of September and organised several educational events. We teamed up with our good friends from the National Zakat Foundation (NZF) to deliver the talks which centred on the essentials and importance of superannuation and zakat from an Islamic perspective.

We would like to pay homage to our gracious hosts who assisted us in our endeavours. Charles Darwin University Muslim Students Society (CDU MSS) and its president, the executive committee of the Islamic Society Of Darwin (ISOD). We thank them for their gracious hospitality. The community’s energy and spirit were infectious and we had an absolute blast.

The first event was organised on the eve of Friday 6th of September. It was an intimate gathering of the community asking in depth questions about making their superannuation work for them in the best way possible. Br Munir Abdella from NZF was also on hand to answer questions about Zakat.

We then got the opportunity to experience the great work ISOD does on the weekends. On their day off, over 30 volunteers were present at the Community Hall across the mosque to organise and deliver religious classes to over 100 pupils ranging from all age levels.

On the evening of Saturday 7th of September, Crescent Wealth addressed members from the community who come to learn the difference between conventional superannuation and what it means to have a Islamic compliant superannuation fund. After the completion of the presentation, there was robust Q & A with people staying back until well after Isha prayer. For many this was the first time they truly heard where their super money is being invested currently and the destructive effects alcohol and gambling can play in ravaging the social fabric of a community / society.

Attendees appreciated the discussion of having an opportunity to build their retirement wealth whilst not contributing harm to their communities.

Ismail Davids, CEO of NZF also addressed the attendees on the importance of adhering and upholding to the 3rd pillar of Islam, Zakat. He ran through how zakat could be due on jewellery, investment properties, business stocks and potentially superannuation. They also shared great materials to better understand zakat and have calculators on their website to assist one in calculating their zakat accurately and confidently.

The trip was rounded out by an event at the Charles Darwin University campus Sunday afternoon organised by the CDU MSS, where Crescent Wealth and NZF again presented side by side. This time to a youngster of the community. It was again well attended with people asking in depth questions.

We are indebted to our hosts for organising such wonderfully attended events. Members from the community attending, participating in rigorous question & answer sessions and providing invaluable feedback shows the Muslim community in Darwin wants to learn more about important issues as discussed above.

Crescent Wealth for our part takes the responsibility to educate on the vital issues very seriously and was proud to have been one of the first to present to the community on the topic of Superannuation.

Thank you for your generosity and warm hospitality Darwin!! Until next time…

Did you find this helpful? Why not share this news?

Managing Director

Talal currently serves as a Non-Executive Director on the Whitlam Institute and Western Sydney University Foundation Council Board. He also serves as Chairman of First Quay Capital and Chairman of the Australian Arab Dialogue. Talal has also served on the Australia Post, Board of Sydney Ports, Macquarie University and the Western Sydney Area Health Service and the Chairman of the Department of Foreign Affairs and Trade; Council of Australia Arab Relations. In an executive capacity, Talal spent 10 years at PwC as a director and strategist, and at investment firm Babcock & Brown in the Corporate Finance Group and later in the Technical Real Estate Division. Later Talal held leadership positions in Better Place Australia, Platinum Hearing and Star Transport Australia.

More articles