bulletEDITOR'S PICKS

 

FPI’s Van Der Wielen to leave, post Aviva acquisition

From Life Mar 27 2015 @ 10:42

Friends Provident International’s executive chairman John Van Der Wielen is to leave the...
view article

Luxembourg on course to offer REITs in 2015

From Products Mar 26 2015 @ 16:54

Luxembourg on course to offer REITs in 2015

Luxembourg is on track to introduce the regulatory framework to launch Real Estate Investment...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Cofunds posts 83% surge in pre-tax profit for 2014

UK investment platform Cofunds has reported an 83% increase in pre-tax...
view article

‘Small cap stocks are being grossly...

From Analysis Mar 27 2015 @ 11:18

FPI’s Van Der Wielen to leave, post...

From Life Mar 27 2015 @ 10:42

MORE FROM Products

LATEST NEWS

FCA to increase adviser fees by 10%

The UK Financial Conduct Authority has outlined plans to increase the adviser...
view article

Luxembourg on course to offer REITs in 2015

From Products Mar 26 2015 @ 16:54

Northstar appoints senior vice president to...

From People Mar 26 2015 @ 14:23

MORE FROM United Kingdom

LATEST NEWS

FCA to make annuity providers rank their products

FCA to make annuity providers rank their productsAnnuity providers in the UK will be required to rank their product against their...
view article

FCA proposes extension of inducement standards

From Tax & Regulation Mar 26 2015 @ 12:14

OMGI hires EM debt head in ongoing fixed income...

From People Mar 26 2015 @ 12:09

MORE FROM Tax & Regulation



Simon Danaher

Islamic fund house opens in UK offering suite of Shariah products

From United Kingdom Jun 27 2012 BY: Simon Danaher , Online Editor , International Adviser

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


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

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.

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin




TAGS: shariah

COMMENTS


Have your say

(Be the first to) Have your say!

Please sign in or register here to leave a comment. Registration is free and only takes a few moments.






Share us on Twitter

SHARE US ON TWITTER
Join the community

Join us on Linked In

SHARE ON LINKED IN
Inform your colleagues

Switch to our mobile site

SWITCH TO MOBILE SITE
News on the go

Back tot he top of the page

BACK TO TOP OF PAGE
Just click here...