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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.