The appointment of the pre-eminent international experts comes as the company moves to consolidate its position at the forefront of Australia’s emerging market for Islamic-compliant financial products.
Crescent Wealth welcomes the following six members to its Global Advisory Board, all of whom were selected for their depth of understanding of the Islamic world and issues related to Islamic wealth and asset management:
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Dr Jamil Jaroudi, CEO of Nizwa Bank in Oman
Spiro Pappas, CEO of National Australia Bank (NAB) Asia
Wadah Khantar, former director general of Al Jazeera and founder of Al Jazeera English
Toby O’Connor, CEO of Islamic Bank of Asia
Ian Buchanan, a consultant with 40 years of corporate advisory experience in the Asia Pacific
John A. Sandwick, Swiss private banker and innovator in Islamic banking structures
(Detailed biographical data on Global Advisory Board members is attached.)
Talal Yassine, founder and Managing Director of Crescent Wealth, said he looked forward to drawing on the deep financial and international expertise of Global Advisory Board members as Crescent’s business expanded.
"As Crescent Wealth’s business grows and matures we will be increasingly looking to attract Islamic investment from overseas into our suite of Australian investment funds. There is an appetite for Australian portfolio investment among Islamic-leaning institutions and sovereign wealth funds offshore. The experience and insight residing within our Global Advisory Board will be a valuable resource as we seek to tap this international pool of investment."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Crescent Wealth Global Advisory Board will meet face-to-face at least once annually at locations in the Middle East, Europe and Asia and will have no formal fiduciary responsibilities.
Crescent Wealth has launched several Islamic compliant financial products including Australian and international equities, property, and income funds, which together comprise Australia’s first Islamic superannuation option.
Crescent Wealth is targeting the significant potential for Islamic funds in Australia, which it estimates will grow to as much as $22 billion in funds under management by 2020 from a potential market of as much as $10 billion today.
