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Islamic fund

Crescent Wealth Australia's 1st Islamic pension fund

Crescent Wealth to launch Australia’s 1st Islamic pension fund

Australian fund manager Crescent Wealth plans to launch the country's first Islamic pension fund by December and allocate between 15 to 30 percent of it in property, its managing director said.

June 28, 2012 2:00
 
Lack of support leads to dead end for Islamic funds

Lack of support leads to dead end for Islamic funds

Despite it outperforming conventional ones and accounting for 6 percent of a nearly $1 trillion industry, Islamic funds still have no support from institutional investors and as a result may stagnate this year.

October 3, 2011 1:47