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.
