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Former Liberal Party leader joins Islamic super fund

BY JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018   12:49PM A former Liberal Party leader has joined the board of a $250 million Islamic superannuation fund. John Hewson will join the board of Crescent Wealth as it prepares for significant growth in 2019. Hewson led the Liberal Party from 1990 to 1994. Hewson is also an economist, having worked for…

Tobacco Free Finance Pledge list grows

Friday, 5 October 2018 | By Anastasia Santoreneos | www.moneymanagement.com.au The list of superannuation funds divesting from tobacco continues to grow, with Crescent Wealth pledging against tobacco investments at the UN General Assembly last week, in line with their Islamic-compliant investment approach. The Islamic superannuation fund also urged global investment firms to adopt a higher tobacco-…

AFR: Crescent Wealth swings out of Southbank exposure

Crescent Wealth has made a tidy exit from Melbourne’s Southbank, selling an office building for $37 million from an original purchase price of $30.75 million just two years ago.

SMH: Crescent Wealth Sell Southbank Property for $37M

Crescent Wealth sold an eight-level, 7608-square-metre Southbank office for $37 million – a rise on the $30.75 million it paid in July, 2015.

Talal Yassine OAM Joins RFI Foundation’s Board of Trustees

The RFI Foundation has added Talal Yassine OAM to its Board of Trustees. Mr Yassine brings his hands-on experience in Islamic pension management in a market where responsible finance is becoming the norm.

Crescent Wealth Foundation joins Western Sydney University to fund refugee scholarship program

Crescent Wealth Foundation joins Western Sydney University to fund refugee scholarship program The Crescent Wealth Foundation and Western Sydney University have joined together to launch a new scholarship program to support high-achieving students from refugee backgrounds.

Malaysia’s First Australian Shariah Compliant Property Fund Launched

KUALA LUMPUR, 1 August 2016 – Crescent Wealth and KAF Investment Funds Berhad partner to announce the launch of the KAF Australia Islamic Property Fund (“KAIPF”) which aims to generate a 9% – 10% annual return, by targeting 7% in income yield and 2% – 3% in capital appreciation.

Malaysian Reserve: Australia’s Leading Islamic Super Fund Eyes Expansion

Crescent Wealth has invested over RM100 million through Malaysia and is looking to deepen its presence in the region by partnering with Malaysian financial institutions to produce and market Shariah compliant investment products.

AMT: Australia’s Crescent Wealth Surpasses $100 Million Benchmark

Crescent Wealth, Australia’s leading Islamic superannuation and investment firm, today announced it has exceeded $100 million in funds under management. The achievement of this key milestone follows 245% growth in funds under management (FUM) in FY15 and demonstrates robust market demand for ethical Islamic investment products.

Reuters: Australia’s NAB seals maiden Islamic financing deal

National Australia Bank Ltd has closed its first onshore Islamic financing deal, a A$19.9 million ($14.2 million) arrangement to fund a real estate purchase by Sydney-based asset manager Crescent Wealth.