What is Islamic Super?
Islamic Super is where your superannuation funds are managed and invested in a manner conforming to Islamic investment principles, allowing you to make your retirement funds halal.
As a Muslim living in Australia, if you are not investing in an Islamically compliant, government registered superannuation fund like Crescent Wealth, the reality is your conventional super fund will not offer Islamically compliant investments nor will they invest your super according to Islamic investment principles.
In fact, over 40% of conventional super funds are invested in Interest/Riba (Cash, Australian & International fixed interest) alone, according to The Association of Superannuation Funds of Australia (ASFA) as of March 2020. The rest of your super is likely to be invested without any regard to Islamic investment principles.
This means that your super will likely be invested in companies that produce, market and profit from alcohol, weapons, tobacco and adult materials, amongst other socially harmful activities prohibited by Islamic investment principles.
The great news is, you have a choice!
You have the power to make the switch and choose where your hard-earnt wealth gets invested. Crescent Wealth only invests your super according to Islamic investment principles, allowing you to make your retirement funds halal.
Why join Crescent Wealth Super?
At Crescent Wealth, our Islamic super fund offers our members Islamic investment options that benefit our community and the world we live in.
We actively avoid all investments that don’t comply with Islamic investment principles such as:
- Insurance organisations
- Armaments/Weapon manufacturers
- Nuclear Weapons
According to Islamic investment principles, we focus on profitable, asset-based investments that contribute to building the real economy.
Crescent Wealth An Islamic Super Fund
Crescent Wealth is Australia’s first and only Islamic superannuation fund. We are passionate believers in the idea of prospering collectively.
As a pioneer with specialist expertise, we offer all Australians an attractive superannuation alternative that aligns their ethical and Islamic beliefs with Islamic investing.
We invest in accordance with Islamic investment principles, ensuring our members retirement funds are Islamically compliant now and into the future. This will never change.
Our mission is powerful but simple. We exist to:
- Enable our community to retire in dignity and honour by educating them about the importance of retirement planning
- Contribute to the economic, social, cultural and academic fabric of our community through our Not-for-profit partners
- Collectivise the wealth of our Muslim community. This empowers our community to have an amplified voice advocating and contributing towards social and political change.
We believe you can have the best of both worlds, where your investments align with your Islamic beliefs and values.
Guided by Islamic values, faith and principles our purpose is to ultimately provide you with an Halal investment alternative that speaks to you; with the belief that you don’t need to sacrifice your faith, in order to retire with dignity.
Welcome to Crescent Wealth.
How do I join Crescent Wealth?
Make your retirement funds halal in under 3 mins with our easy to switch online Islamic Super investments.
All you need is your TFN and ID. It’s that simple.
Joining is super easy
Joining takes less than 3 minutes!
Take your Super account with you when you start a new job.