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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Investment firm to launch Islamic wrap

Posted on 14 December 2010

From Moneymanagement.com.au: Crescent Investments Australasia is set to launch a Sharia-compliant wrap platform in the first quarter of 2011. The executive chairman of Crescent Investments Australasia, Talal Yassine, said the wrap offering was part of the investments firm’s plan to create Australia’s first truly Sharia-compliant organisation, which would include wholesale, retail and superannuation products across all sectors.
“In the first quarter of 2011 we will have a wrap product investors will be able to invest their superannuation through, and that complies for all the Islamic tenants and rules,” he said……………………………………….Full Article: Source

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