Aust's first Islamic share fund to launch
The process of opening Australia to Islamic investment was started by a Muslim wealth manager. The first Shariah compliant equity fund was launched in Australia. The fund is being advertised to local investors as a socially-responsible option.
The aim of Crescent Wealth is to appoint a raft of investment products, including superannuation, that will offer Australians access to the previously untapped $1.4 trillion Islamic investment market.
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