- Press Release
Australia pays the price for alcohol excesses
Australians are drinking less alcohol than they have in 50 years1, but sadly 26 Aussies are losing their lives every week because of alcohol-related causes.2 Consequences The consequences of excessive drinking are apparent every day, contributing to domestic violence and murders, causing a burden to the health system, the criminal justice system and reducing…
Market Commentary: February 2019
Most major global markets continued to improve over February, strengthened by the positive progress coming from the US-China trade negotiations and the implications of the dovish stance established by the US Federal Reserve earlier this year. The Dow Jones and the Nasdaq gained +4.03% and +3.60% for the month respectively (on a total return basis). The US earnings…
Why Crescent Wealth Super invests in values
At Crescent Wealth Super, we’re committed to ensuring all Australians can protect and grow their retirement wealth without compromising their core values and beliefs. A globally pioneering Islamic superannuation fund, our investment approach reflects Islamic investment principles as well as the values of socially responsible investing. Here we explain what those principles are, why we’re committed to being…
Furthering refugee education
In our philanthropic endeavours, Crescent Wealth is deeply proud to support The Crescent Foundation and Sanctuary Australia Foundation in its aim to help further refugee education. Read more here.
The last quarter of 2018 saw poor performance from most markets around the globe. The S&P/ASX 200 (accumulation) index declined -0.12% for the December month and -8.24% for the December quarter respectively. The worst performing market for the year was the Chinese Shanghai Composite index which lost approximately 25%. The investment landscape is slowly adjusting to rising US…
The real cost of smoking to Australia
Smoking costs Australian an estimated $388 Billion. Crescent Wealth Super will never invest your super in the production, promotion or distribution of tobacco.
Why is Islamic finance set for growth?
The UN has tipped Islamic finance as ‘one of the fastest growing areas of finance globally’. Read why Islamic investment is revolutionising the industry.
Crescent Wealth: The Real Story
What started as an idea has now allowed thousands of Australian Muslims and socially responsible investors to choose a superannuation fund that invests according to their values.
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-…