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Islamic Finance Briefing - Categorized | Funds, Market Moves more

Government welcomes Islamic super option: A first for Australia’s Muslim investors

Posted on 20 December 2012

The Australian federal government has welcomed news of the nation’s first superannuation option compliant with Islamic doctrine, launched by Sydney-based Crescent Wealth this week.
In a statement released on 17 December, federal minister for immigration and citizenship Chris Bowen said the launch will help to cement the international standing of Australia’s financial services industry. “The federal government is committed to promoting Australia as a major financial services hub in Asia, which is home to around two thirds of the world’s Muslim population,” Bowen said………………………………………..Full Article: Source

 
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