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Showing 21 - 30 of 51 results for "Sharia"

Hejaz adds sales director

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
Citing an increase in demand for Sharia-compliant investment products, Hejaz Financial has appointed a sales director from LUCRF Super. Chris Deakin steps into the newly created role. She joins Hejaz from LUCRF Super where she was most recently executive ...

DomaCom hits $100m in FUM

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
DomaCom has reported growth in recent months, with its funds under management having now exceeded the $100 million mark. The bulk of these funds has been in property acquisitions for small investors and self-managed superannuation funds. Traditionally ...

Hejaz expands with three new funds

KARREN VERGARA  |  MONDAY, 12 JUL 2021
Hejaz Financial Services is launching three funds with an ethical overlay to retail investors that invest in global equities, credit and property. As part of the $180 million fund manager's aggressive growth strategy, the funds will give Australian ...

New Islamic advice group launches, hires from MSC

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... advisers, totaling 150 to 200 over time under its master licence. It will advise on Islamic-compliant investments in a Sharia compliant way. The firm has hired Susan Wolff as general manager for wealth management. Wolff was most recently Melbourne trustee ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
Fractional property investor DomaCom and Islamic wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with ...

Shariah-compliant ETF launches

KARREN VERGARA  |  THURSDAY, 1 OCT 2020
A Shariah-compliant global equity ETF, touted as the world's first, has listed on the London Stock Exchange. The actively managed Almalia Sanlam Active Shariah Global Equity UCITS ETF (AMAL) aims to achieve capital growth over the medium to long ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... review of the fees charged to members as a result of rising administrative costs due to not only regulatory changes but Sharia law compliance. The cost of Sharia law compliance was addressed in a significant event notice to members, notifying them of ...

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
... investment funds during FY19. It achieved gross returns of 6.82% per annum, while Crescent Wealth generated 4.56% per annum. The Sharia-compliant fund invests across multiple asset classes including domestic and global equities, property, infrastructure ...

Malaysia drives growth in Shariah funds

MARK SMITH  |  MONDAY, 4 JUL 2016
Support for Shariah-compliant investment funds in Asia is on the rise, particularly in Malaysia and Indonesia, but the sector still face challenges, according to global research house Cerulli Associates. Shariah finance principles forbid the acceptance ...

BTIM on the hunt for new investment teams

MARK SMITH  |  THURSDAY, 1 MAY 2014
... international small cap capability in October last year which has already raised $50 million. Gonzalez said the Global Sharia strategy, which is managed by the group's UK-based funds management boutique JO Hambro, has also seen strong support. BTIM is ...