Crescent Wealth launched the first Islamic Australian equity fund, the Crescent Australian Equity Fund (CAEF) on October 6 and the firm is now searching to partner with Malaysian institutions seeking exposure to Australian markets.
Talal Yassine, Crescent Wealth Founder and Managing Director, stated that Crescent Wealth is inventing the significant growth opportunity for our industry to become a leading hub for Islamic investing, particularly in their own region where 62 per cent of the world's Muslims reside.