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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.

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.

Talal Yassine

The RFI Foundation has added Talal Yassine OAM to its Board of Trustees. Mr Yassine brings his hands-on experience in Islamic pension management in a market where responsible finance is becoming the norm.

Western Sydney University

Crescent Wealth Foundation joins Western Sydney University to fund refugee scholarship program The Crescent Wealth Foundation and Western Sydney University have joined together to launch a new scholarship program to support high-achieving students from refugee backgrounds. Driven by a shared vision to assist refugees and provide life-changing educational opportunities, the Crescent Wealth Foundation will offer the .

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.

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.

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.

Crescent Wealth is a proud supporter of the Crescent Institute, empowering our professional community through the power of networking.

The Crescent Institute is a not for profit network of professionals dedicated to a more well-connected, thoughtful and inclusive Australia.

Founded in 2006 as the Crescent Club, the Crescent Institute empowers its attendees through high-caliber professional networking and development events in the Sydney, Melbourne, Brisbane and Perth CBDs.

The Institute has a proud track record of attracting past Prime Ministers, Premiers, CEOs of ASX listed companies, media personalities and other prominent community figures as special guests to engage with attendees, and deliver addresses on contemporary issues.

As a believer in a strong and well-informed corporate community, Crescent Wealth is a proud supporter of the Crescent Institute.

Crescent Wealth is a proud supporter for the Crescent Foundation.

Crescent Wealth does not invest in any company that earns more than 5% of its income from prohibited sources (this percentage cap is determined and set by AAOIFI, the global standard for Islamic investment principles). As such, the Crescent Foundation is an important element of Crescent Wealth’s compliance with Islamic investment principles. As and when one of the Fund’s managed by Crescent Wealth receives distributions such as dividends, Crescent Wealth on advice of the Shariah Supervisory Board determines whether any component of that income could be Prohibited Income (earned within the 0-5% threshold) and subsequently any such Prohibited Income is cleansed by being distributed to the Crescent Foundation.

The Crescent Foundation then distributes 100% of the received donations in supporting refugee education with Western Sydney University and helping the homeless.

Of note is that Crescent Wealth’s ethical filters have operated stringently and efficiently in selecting Islamic compliant companies that minimal tainted income has accumulated.

To find out more more about the Crescent Foundation, feel free to contact Crescent Wealth by email at [email protected] or 1300 926 626.

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