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Crescent Group has appointed Sayd Farook as its new head of strategy to lead the Islamic-compliant investing firm’s ‘$5 billion in five-years’ growth plan. ....
How to invest in residential property - without buying a house With property prices rising again, some investors are seeking a slice of residential real estate via new-age crowdfunding and investment funds. Financial planners say fractional property has some merits. Simon Letch Share A t the height of Australia’s coronavirus panic in March and April last year, few serious analysts of the housing market expected prices to be where they are today. In fact, many predicted house prices would fall by as much as a third, plunging the nation into a property downturn amid the escalating public health crisis. ....
John Hewson leads push for halal home loans Share John Hewson wants to channel up to $5 billion in Islamically compliant home loans from local investors as well as from countries such as Malaysia, Brunei and Indonesia over the next five years to Australian Muslims, whose outright home ownership is half that of the wider population. The economist and former Liberal Party leader chairs specialist lender Crescent Finance, which is targeting both foreign institutions and local investors to back funds that will lend to Australian Muslims. The economist and the home buyer: John Hewson is leading a push to develop halal home finance for aspiring buyers such as Zac Karolia, right. ....