Regardless of how many time we say we invest in accordance with strict Islamic guidelines, it means nothing without an independent audit review.
We are proud to present our members and community the 2020 certification conducted by Dar Al Sharia verifying the Crescent Wealth Super fund is structured and operates in accordance with the principals of Shariah.
This audit is conducted independently and objectively. It includes a thorough and detailed review of all Crescent Wealth funds our Super funds invests in, no detail is omitted; from maintaining the Islamic standards set by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) right through to making sure our operating bank accounts do not receive interest/riba.
We want to deliver on our promise of always investing in accordance with Islamic principles, regardless of the economic condition or the thrill of using buzz words like "Islamic Investing".
AAOIFI is an Islamic international and independent non-for-profit that prepares accounting, auditing, governance, ethics and Shari’a standards for Islamic financial institutions and the industry all over the world.
Dar Al Sharia is an independent Sharia advisor responsible for the Islamic compliance and the annual independent audit of the Crescent Wealth Super Fund.
It is important for us that you have the peace of mind that we, in fact, operate in line with what we claim. With an independent layer of review and audit, we believe we deliver you this peace of mind.
We have always promised to invest Islamically, this will never change. We're proud to talk the talk and walk the walk