- Press Release
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.
CPI Financial: Australia’s Crescent Wealth Surpasses $100 Million Benchmark
Crescent Wealth today announced it has exceeded $100 million in funds under management. The achievement of this key milestone follows 245 per cent growth in funds under management in FY15 and demonstrates robust market demand for ethical Islamic investment products.