AUSTRALIA - FUNDS - Crescent Wealth to launch Australia's 1st Islamic pension fund

www.reuters.com - (Reuters) - 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.
Talal Yassine said Crescent Wealth hopes to build the fund
to between A$4 billion ($4.03 billion) and A$6 billion in five
years.
Crescent Wealth, which was established last