islamic fund house opens in uk offering suite

Added 27th June 2012

A new fund house has launched in London offering Shariah compliant funds in a Ucits structure to UK investors.

islamic fund house opens in uk offering suite

Oasis Crescent, which has its new office in the Knightsbridge area of London, has been managing Islamic and conventional funds for more than 15 years, with £2.5bn (€3bn, $4bn) of assets under management, and operating within Europe for more than ten.

The company said the Islamic investment market in the UK is currently “under £1bn” but has the “potential to be between £120bn and £160bn".

Adam Ebrahim, founder and chief executive of Oasis Crescent said: “The UK is a major global financial centre and is fast establishing itself as a leading Islamic finance centre in Europe.
“The UK has a vast supply of financial services skills, a world class infrastructure, and a sound regulatory and compliance system.

Regarding the product legislation; the available product structures, especially the tax-incentivised savings products, fit in with our wealth management philosophy.”

All Oasis Crescent Global funds will be available to UK investors directly. These include equity, property, income, and life-staging asset allocation balanced funds. Funds are managed by Ebrahim, who has over 20 years of experience in the industry, and a team of senior investment professionals.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

International Adviser is aimed at global intermediaries who advise their HNW clients on International fund, life and banking products and tax efficient solutions to their cross-border needs

To subscribe to International Adviser's news bulletins and apply for a magazine subscription click below

Editor's Pick

Business strategies: The future of advice
Business strategies:...

The launch of a new UK trade and its stated aims and...

Platform view: Retirement  - No time to relax
Platform view: Retirement...

With many changes taking place in the industry, it...

Cyprus could grant title deeds to overseas property investors
Cyprus could grant title...

Thousands of Britons who invested in property in Cyprus...

Sponsored Content

top

Other Stories From

lastword