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Showing 31 - 40 of 86 results for "Islam"

New shareholder at Crescent Wealth

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
The head of Peregrine Corporation, managing director Charlie (Khalil) Shahin has joined Australia's only Islamic super fund and investment manager. Shahin purchased a material shareholding in Crescent Wealth through his family office and joined its ...

New Islamic advice group launches, hires from MSC

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
A new Sydney dealer group focused on Muslim clients is looking to hire up to 50 financial advisers in the next 12 months, as it nabs MSC Group's chief operating officer to lead the business. Hejaz Financial Services will build a network of both specialist ...

Crescent Finance launches real estate funds

KANIKA SOOD  |  MONDAY, 3 MAY 2021
Crescent Finance is setting its sights on $5 billion of property transactions over the next five years, as it launches two new funds to invest in Islamic-compliant housing. The two funds are Crescent Growth Fund and Crescent Finance Income Fund. Both ...

Crescent Foundation partnership to mentor refugees

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
The non-profit organisation backed by Islamic superannuation fund Crescent Wealth has partnered with Deakin University to mentor refugee leaders. The partnership with Deakin University's Centre for Refugee Employment, Advocacy, Training and Education ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... 771,000 Australians are estimated to be Muslim in 2020, citing the Global Islamic Economy Report 2020. Of this, 95% say Islam is either very important or important to their identity. About half of Australia's total Muslim population (386,000) is 24 years ...

Former Socceroo joins Crescent Foundation board

ANNABELLE DICKSON  |  WEDNESDAY, 4 NOV 2020
The non-profit organisation backed by Islamic superannuation fund Crescent Wealth has appointed a former Socceroo player to its board. Craig Foster played for the Socceroos for four years and was chief football analyst at SBS for 18 years. In addition ...

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
The faith-based superannuation fund for Muslims has announced an increase to its administration fee. Crescent Wealth Superannuation Fund upped its administration fee from 0.69% per annum to 0.89% per annum. The changes come after the promoter of the ...

Chief economist update: Australia burns

BENJAMIN ONG  |  MONDAY, 6 JAN 2020
What could have been a good start to the New Year for financial markets - the US and China are set to sign the "phase one" trade deal agreement on January 15 and Brexit has become less uncertain - marred by renewed war (the real war) tensions between ...

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Hejaz Financial Services announced its flagship fund, the Global Ethical Fund, has outperformed Australia's other Islamic investment funds during FY19. It achieved gross returns of 6.82% per annum, while Crescent Wealth generated 4.56% per annum. ...