News
Celebrating International Children's Day
On 1 June, which is International Children’s Day, the Oasis Group handed a R4.7 Million cheque to the Centre for Early Childhood Development (CECD) towards the advancement of teacher and caregiver skills as well as the upgrade and development of early childhood development facilities.
Oasis CA (SA) Training Programme Expands
The Oasis Group is delighted to announce it has received accreditation by the South African Institute of Chartered Accountants (SAICA) to offer more graduates an opportunity to join the Oasis CA (SA) Training Programme.
Inflation a bigger risk than volatility
Inflation and volatility are the biggest threats facing people saving for retirement, Hassan Motala, a senior analyst at Oasis.
Oasis does not hold any investments in ABIL
Oasis issues statement regarding exposure to African Bank Investments Limited.
Equal Opportunity Foundation and Oasis Crescent Fund Trust partnership
The Equal Opportunity Foundation and the Oasis Crescent Fund Trust launches partnership for the development of education and health projects in deep rural communities.
Oasis contributes to community centre, 2013
Oasis Group Holdings Chairperson, Mr Shaheen Ebrahim handed over a donation to the Pinelands Muslim Association to support their endeavours to build an Islamic centre for the growing Muslim community in the area.
Your Oasis : Budget Speech 2013 Review
by Oasis Chief Investment Officer, Adam Ebrahim.
Oasis receives Global Recognition For Outstanding Investment Performance
Abu Dhabi, 2 May 2012 - Oasis has received further global recognition for the performance of the Oasis Crescent Equity Fund over a ten year period, at the annual Failaka Islamic Fund Awards.
Your Oasis : Budget Speech 2012 Review
by Oasis Chief Investment Officer, Adam Ebrahim.
The Oasis Crescent Retirement Fund Celebrates its 10th Birthday
The Oasis Crescent Retirement Fund, South Africa’s first Shari’ah compliant retirement fund, now boasts a solid ten-year track record. Managed by Oasis Crescent Retirement Solutions (Pty) Ltd, the Fund shares its birthday with three others in the company’s suite, all of which are celebrating their ninth anniversaries.
The Oasis Crescent Fund Trust Donates Hearses To Muslim Community
The Oasis Crescent Fund Trust recently donated two Mercedes Vito hearses to the Saaberie Chishty Society and the Central Islamic Trust, both of which are based in Johannesburg. The burial societies serve the Lenasia and greater Johannesburg area and between the two of them, carried out 178 funerals during the month of Ramadaan. Moulana Sayed Imraan, representing the Saaberie Chishty Society, says the donation is a fantastic contribution from Oasis and will provide great comfort to the community at large.
The Oasis Crescent Fund Trust Donates To Thembalethu School For Disabled
Gugulethu, 18 July 2011 - Thembalethu School for the Disabled in Gugulethu proudly opened the doors to its newly constructed dormitory on the first day of the new school semester which aptly coincided with Mandela Day.
The Oasis Bond Fund Celebrates its 9th Birthday
The month of June marks another momentous milestone for the Oasis Group as the Oasis Bond Unit Trust Fund celebrates its ninth birthday.
Launch of the Oasis Crescent Global Low Equity Balanced Fund
April 2011 - Oasis, a global fund manager renowned as an innovator and leader in the Shari’ah investment arena, has done it again. On 6 April 2011, the Group further broadened its extensive product range by launching the Oasis Crescent Global Low Equity Balanced Fund.
Oasis Crescent Insurance Limited Celebrates One-Year Anniversary
The first of April brought with it an important first for the Oasis Group, as Oasis Crescent Insurance Limited, the Group’s long-term insurer, celebrated its first anniversary.
Oasis Global Funds Celebrate 10 years of Superior Returns
December 2010 - The first of December brought with it for Oasis a perfect ten in 2010, as its global equity funds on this day marked their tenth anniversaries. As further testament to their outstanding quality and performance, the funds have also continued to garner the ongoing recognition of the international investment community through various awards and accolades.
An Oasis Of Calm
Oasis pledged their support as Platinum Partner to the Global Peace and Unity Conference, held in London during October. The UK-based Muslim Post was there to interview Adam Ebrahim, Oasis CEO and Chief Investment Officer, and published this article on 29 October 2010.
Donation of a R1,1m Laser Facility to Groote Schuur Hospital
Cape Town 9 March 2011 - Groote Schuur hospital has received a shot in the arm with the donation of a skin laser machine and the refurbishment of the hospital’s Laser Unit. This was made possible with funds from the Oasis Crescent Fund Trust. The machine is the third of its kind in the country but the first that’s publically available, as the other two are housed in private hospitals.
Budget Review 2011 Highlights
In a global environment where many countries and economies have been forced to take drastic measures to address their fiscal and debt imbalances, South Africa enters 2011 in a relatively sound position. Minister Gordhan highlighted encouraging signs of stronger recovery in the global economy as 2011 progresses and noted that faster global growth, accompanied by low domestic interest rates and strong commodity prices, also drove economic recovery in South Africa.
State of The Nation 2011 Highlights
President Jacob Zuma has declared 2011 a year of job creation through meaningful economic transformation and inclusive growth. With Government’s major focus for 2011 having been set on job creation, President Zuma has urged all citizens and all business entities to contribute to this national effort.
10 Questions With Adam Ebrahim
Adam Ebrahim, CEO and Chief Investment Officer of the Oasis Group, was recently featured in the UK-based Emel Magazine.
Oasis Global Funds Celebrate 10 years of Superior Returns
December 2010 - The first of December brought with it for Oasis a perfect ten in 2010, as its global equity funds on this day marked their tenth anniversaries. As further testament to their outstanding quality and performance, the funds have also continued to garner the ongoing recognition of the international investment community through various awards and accolades.
Oasis Donates R5 Million Towards Pakistan Flood Relief Efforts
The Oasis Group, on behalf of the Oasis Crescent Fund Trust, has made a donation of R5 million towards relief aid for victims in flood-ravaged Pakistan. Several honourable guests were in attendance at this momentous occasion. Please click on image for more information.
Oasis - Helping Charities, 2010
Oasis has since its inception been committed to improving the lives of those in need and providing assistance in times of disaster or upheaval. The Muslim Post in the United Kingdom wanted to know more about the Group’s Corporate Social Investment and charitable initiatives, and it published the following article.
Investor Letter: Quarter 2, 2010
It is with great pleasure that we present to you the half-year results of Oasis for the period ended 30 September 2010. We remain dedicated in providing you with firstrate investment performance throughout all economic cycles and we look forward to continue delivering on our commitment of addressing your investment needs during all life stages and providing real long-term capital growth over your entire lifecycle.
Oasis Recognised For Karate Sponsorship - September 2010
Cape Town (11 September 2010) - Oasis Group Holdings has been formally recognised for its sponsorship of the South African team at the Kimura Shukokai International (KSI) World Championships. The Oasis sponsorship, valued in excess of R150 000, was put towards branded kits and uniform for the team travelling Lisbon, Portugal, where the contest took place in May.
Oasis Crescent Fund Trust Supports Cancer South Africa - September 2010
Durban 8 September 2010 - The Oasis Crescent Fund Trust has announced a donation of R19 000 to the Cancer Association of South Africa (CANSA). The Trust’s contribution matches the amount already raised during the CANSA Shavathon held at the shopping centre earlier this year.
Oasis Announcement - July 2010
The Board of Directors of Oasis Group Holdings would like to place on record that it objects most strongly to inaccurate and misleading statements, and serious allegations made, in a letter by Ms Rhoda Kadalie published in the Cape Argus of 24 June 2010 (“Objections go unheeded as historic manor is destroyed”). To date, Oasis has in good faith abided by all processes and legal requirements set by the authorities, including the appointment of an approved heritage architect.
Oasis: Pioneer Of Islamic Finance
As a financial investment company starting out in 1997, Oasis stepped in where angels fear to tread. Oasis offers investors a variety of portfolios, policies, funds and investment choices that meet individual needs and requirements. Oasis offers investors prudent investment choices to meet their specific risk profile and has ensured that this growth is in accordance with Islamic precepts and is halaal.
Home Grown S.A business with International Reach (Muslim Views August 2010)
Oasis, a Cape Town asset fund management house with a Global outreach, has in just over a decade blossomed from offering a single investment product to forty comprehensive top-performing products in a perpetual bouquet covering all stages of the lifecycle, across equity to property and income and from pensions to insurance.
Oasis R1.3mil Investment Towards Development Centre Bears Fruit
18 July 2010- The Al-Imdaad Foundation successfully delivered the AIF Vlakfontein Early Childhood Development Centre to the community of Vlakfontein in Gauteng at an official ceremony held at the new facility. This project is a beneficiary of The Oasis Crescent Fund Trust which contributed R1.3 million towards the centre.
Oasis Sponsors Local Township Rugby Club
Cape Town 12th May 2010 -Oasis continued to affirm its commitment to community sports development today by sponsoring a local township rugby club Lagunya which represents rugby players from the townships of Langa, Gugulethu and Nyanga in Cape Town. In what was seen as a life saving contribution to the club, Oasis has provided the club with a brand new set of kits for the team that include shorts, tracksuits, rugby jerseys and tog bags.
Ethical Investing
The Oasis Crescent Equity Fund was the first collective investment scheme in SA to be compliant with Shari'ah (Islamic) law. It was launched in August 1998. It has already adopted the principles for responsible investment development by the UN in 2005. Since inception this fund has out-performed it's peer group and inflation handsomely, though it remains around middle of the pile across all equity funds over a shorter term.
Oasis Head Office Development - Roodebloem Road
With reference to a media report in the Cape Argus on Thursday 1 April 2010 “City halts work on historic building” and subsequent meetings with Heritage Western Cape and BELCOM (Built Environment and Landscapes Committee), Oasis Group would like to clear up a few misconceptions in the public debate.
Oasis Announces Launch Of Its Insurance Business
Oasis Group Holdings the global investment fund manager based in South Africa announced its launch of a long term insurance business. With an already wide range of savings and retirement offerings, the new business provides retail investors with an opportunity to save over a fixed term through an investment-linked Endowment Policy. The new offering includes two compulsory investment-linked living annuities with a variety of income options to provide investors with a sustainable income for life after they retire.
Oasis Increases Its Stake In Brian Gilbertson's Pallinghurst Resources
Cape Town (30 March 2010) Oasis Asset Management today announced its acquisition of an additional 11 million Pallinghurst Resources Ltd shares representing 2.3% of the company, bringing their total shareholding to 7.5%.
Bulls find their Development Oasis
The Vodacom Bulls moved to consolidate their massive fan basis among black supporters by signing a multi-million rand sponsorship with Asset Management Group Oasis in Cape Town on Thursday.
Budget Review 2010
Finance Minister Pravin Gordhan delivered his first Budget on 17 February 2010. Budget signals new approach with focus on employment creation. There will be no increase in the tax burden and no change to inflation targeting. Facilitate investing in Shari’ah compliant products.
Oasis Donates R5 million Towards Haiti Relief Efforts
Oasis has announced a donation of R5 million to the victims of the disaster in Haiti. This generous contribution will be made on behalf of investors in the Oasis Crescent ethical range of investment products that donate the interest and other Shari’ah excluded income-in terms of Shari’ah investment principles-to charity via Oasis Crescent Trust Fund.
What's under our tree in 2009
With the release of positive economic indicators, the improved sentiment that prevailed towards the end of the year and the 2010 Fifa World Cup around the corner, it seems as if things are picking up.
SENS Announcement OAS - 30 September 2009
The SENS Announcement for OAS Interim Results for Period ended 30 September 2009 is now available.
Oasis Crescent Fund Trust Donates R 1 000 000.00 to Beit-ul-Aman Home for the Aged
On Saturday the 3rd of October 2009, the Oasis Crescent Fund Trust made a generous donation of R1 000 000 (one million rand) to the Beit-ul-Aman Home for the Aged. The donation was made after Oasis had heard the pleas for financial assistance to help keep the home open, as it was under threat of closure due to a decrease in funding.
Oasis Gives Away R5000 In Unit Trusts at The VOC Fair
Congratulations to Ms. Aziza Frieslaar, the winner of R5000 worth of Unit Trusts courtesy of Oasis Group Holdings. On the weekend of 3rd and 4th of Sept. Ms. Frieslaar, while at the VOC Spring Festival, visited our Oasis stand and entered the competition. While most competitions award the winner an almost instant cash prize, we approached it differently, seeing it as an opportunity to introduce an individual to the benefits of investing. Mrs. Frieslaar was extremely delighted with her prize.
Dan Plato & Oasis Crescent Fund Trust Team take to Uitsig to feed the poor
Oasis Group Holdings and the Mayor of Cape Town Alderman, Dan Plato, recently presented winter food parcels to people from the Uitsig community, situated in a disadvantaged area in Cape Town This forms part of the Oasis handout drive for 2009, which takes place annually during the bitterly cold Cape winter months.
Oasis Donates to Gift of the Givers Foundation
Oasis recently donated R1 000 000 to the Gift of the Givers Foundation in aid of disaster recovery and humanitarian programmes. As an organisation Oasis is deeply committed to such initiatives and has contributed towards various Gift of the Givers Foundation projects over the last ten years. The donation was presented by the Chairman of Oasis, Mr. Mohamed Shaheen Ebrahim, who said that he was delighted to be able to make such a generous donation on behalf of Oasis during a period where many companies are forced to reduce social spending.
Oasis Donation to Cotlands - May 2009
Oasis recently made a generous donation of R100 000 to Cotlands for the development of further Early Childhood Development centres. As an organisation, Oasis is deeply committed to education initiatives and the future of children in South Africa and has made significant contributions to Cotlands since 2007. The amount was proudly handed over by Mr. Mohamed Shaheen Ebrahim and Mr. Nazeem Ebrahim, the respective Chairman and Deputy Chairman of Oasis.
Shareholders give nod to Pallinghurst’s rights offer
PALLINGHURST Resources has cancelled plans to raise additional capital offshore after shareholders agreed to support a R800m rights offer to finance expansion projects.
Superior Returns From Debt Free Fund
OCPF announced today that a distribution of 107.0 cents per unit for the 12 months ended on 31 March 2009 compared with 101.6 cents per unit for the corresponding distribution for the period ended 31 March 2008.
Final Abridged Audited Results and Income Distribution Declaration
The directors of Oasis Crescent Property Fund Managers Limited (“OCPFM”), the management company of the Oasis Crescent Property Fund (the “Fund”), present the abridged audited results of the Fund for the year ended 31 March 2009 as follows.
OCPF SENS Announcement 5 May 2009
Shareholders are advised that the investment manager of the fund, Oasis Crescent Property Fund Managers Limited, expects the distribution per unit for the twelve month period ended 31 March 2009 to be between 8% and 12% higher than the corresponding distribution for the period ended 31 March 2008.
Distribution details for Oasis Funds: March 2009
The Distribution details for all Oasis funds are available below.
Oasis Newsletter Archive
Please click here to access the Oasis Newsletter Archive. If you would like to subscribe to the Oasis newsletter please click here and submit your details.
South Africa Budget 2009/10
Budget provides for increased government spending to support economic growth
Lower current account deficit forecast reduces rand vulnerability and provides space for further interest rate cuts
R787bn to be spent on infrastructure over next three years
Classic FM - JSE Direct Interview with Adam Ebrahim (CEO)
Classic FM JSE Direct with Simon Brown & Adam Ebrahim - Oasis Crescent Property Fund - 10 February 2009. Click on download to stream audio on website.
Oasis Canal Walk Competition
On the 25th November 2008, Oasis Group Holdings took to Canal Walk Shopping Centre for a 7 day promotional drive competition. Entrants at the shopping centre were urged to fill out competition forms and to stand in line to win unit trusts to the value of R5,000.00. On the 13th January 2009, the prize was handed over to the lucky winner, Ms. Janap Slamdien from Cape Town. The prize was awarded by Mr. Mohamed Shaheen Ebrahim, Chairman of Oasis Group Holdings, at the Oasis head office in Cape Town.
Press Release TUESDAY 18 November 2008
As socially responsible investors and concerned South Africans, Oasis advocates the importance of food security and the sustainability of a competitive food industry. This intended acquisition will significantly reduce competition in the South African food industry which could lead to negative long term consequences and inflationary pressure.
What fund managers proved by sticking with Tiger Brands (Business Day, Thursday November 20 2008)
"We have this idea about ... how, when things get evil, activists will leap out with pithy questions and share prices will crumble" says Renee Bonochis.
Tiger Brands offer fails to reflect high quality of AVI, says Oasis (Cape Times, Thursday November 20, 2008)
Tiger Brands R24-a-share indicative offer for rival AVI was "not a fair price" despite offering a 62 percent premium to Friday's closing price, Oasis Asset Management said yesterday.
OCPF reports 14% increase in distribution and 11% growth in NAV
OCPF, the world’s first listed Islamic property fund, announced today that its distribution for the six months ended on 30 September 2008 was 51.3 c.p.u. This represents a 14% rise on the corresponding period’s distribution and it was also reported that NAV had grown by 11% over the period.
Press Release: Oasis Crescent Global Equity Fund
The OCGPEF is a USD mutual fund that invests in global listed property and the aim of this portfolio is to provide investors with sustainable income and it continues to provide excellent growth in income and distribution per unit.
Oasis Crescent Equity Fund turns 10 years old
Our Flagship fund, the Oasis Crescent Equity Fund has turned 10 years old. Through the Oasis low volatility investment philosophy, we go the extra mile to protect investor capital during volatile market conditions. To grow with us over the next 10 years call 0860 100 786.
SENS Announcement - 16 July 2008
Shareholders are hereby advised that the requisite majority of shareholders approved all ordinary resolutions proposed at the annual general meeting of OCPF, held today, 16 July 2008.
SENS Announcement
The directors of Oasis Crescent Property Fund Managers Limited ("The Manager"), the management company of the Fund, hereby advise unitholders that OCPF shall convene a general meeting of its unitholders.
Final abridged audited results and income distribution declaration
The directors of Oasis Crescent Property Fund Managers Limited (OCPFM), the management company of the Oasis Crescent Property Fund (the Fund), present the abridged audited results of the Fund for the year from 01 April 2007 to 31 March 2008.
Oasis Funds Registered in Singapore
The global presence of Oasis has been strengthened since Oasis Crescent Global Investment Fund (plc) and Oasis Global Investment Fund (plc) and their respective sub-funds were registered by the Monetary Authority in Singapore on the 7th of April 2008. These funds, listed on the Irish Stock Exchange and managed under the auspices of Oasis Global Management Company (Ireland) Ltd, will be available to institutional investors.
NOW IS THE TIME TO INVEST
With the decline in the markets and the great results that have been reported by several companies, investors are presented with a unique opportunity that could see them reap substantial gains over the medium to long term.
Investors cash in abroad (Sunday Times, Sunday December 16, 2007)
Offshore deals are now more attractive for South Africans.
Rate up - but enjoy Christmas (Cape Argus, Friday December 7, 2007)
SA consumers urged to cool spending spree as interest rates jump. Households face higher payments on cars, property and credit cards.
(Witness Weekend, Money Saturday, 1 December 2007)
While the local economy and markets have enjoyed good growth over the past few years, investors should diversify a greater portion of their portfolios.
Oasis launches SA's first Shari'ah-compliant worldwide fund of funds (Personal Finance, Weekend Argus, 7 November 2007)
Oasis Crescent unit trust management company has launched the first Shari'ah-compliant worldwide fund of funds available to South African investors who wish to make rand-denominated foreign investments.
The freedom to choose (Business Times November 18, 2007)
The move towards defined contribution pension funds and member investment choice means members have greater freedom to exercise control over their retirement fund assets.
Oasis proudly supports the Boks...
On Monday 29 October Oasis was out in full force in the city streets of Cape Town outside their offices at the corner of Loop and Riebeek streets to show their support for the Springbok’s 2007 World Cup victory. Oasis is the official sponsor of the Vodacom Blue Bulls, whose players make up a major percentage of the Springbok team. Oasis is proud to support rugby at grassroots level, sponsoring and developing the community based club, Oasis SKW, who were there to celebrate with the bustling crowd of supporters. Oasis stands behind South African Rugby as an Empowered Financial Institution and congratulates them on their victory as world champions and their contribution to nation building in South Africa.
Oasis SK Walmers bounce back to take the Club Championship’s plate at their first entrance on national level. (Atlantic Sun September 20, 2007)
Oasis SK Walmers bounced back to take the plate at their first entrance to the National Club Championships held in September 2007 at the Danie Craven Stadium Stellenbosch in September 2007.Despite a 24 - 15 defeat to eventual runners-up of the tournament, Pretoria University (Tukkies) in their first encounter, coach Arni van Rooyen said he was proud of the efforts displayed by his charges throughout the weeklong event. The Bo-Kaap team crowned their participation at the Club Champs with a fine 25-10 win over Eastern Province’s Spring Rose RFC in the final of the plate competition. Van Rooyen concluded by saying that he was impressed with the overall standard of rugby at the tournament and looks forward to a possible victory at the 2008 Club Championships Competition next year.
Oasis boasts excellent returns (Cape Argus Business September 17, 2007)
Oasis toppled Investec as the best investment scheme manager for the periods ended June 2006 the latest PlexCrown Ratings analysis shows. Oasis achieved an overall average PlexCrown rating of 4.416.
Runner-up managers battle it out as Oasis remains on top (Personal Finance, Weekend Argus, 21 July 2007)
Oasis has, for a fifth consecutive quarter, retained its position as the top unit trust fund manager in South Africa when managers are ranked on the risk-adjusted performance of nearly all their funds. Oasis has improved its overall rating by 0.209 to 4.1251 compared to the last quarter. Oasis continues to dominate a number of sectors, being first in the domestic real estate, domestic equity (joint first place) and foreign equity sectors.
Ranking the unit trusts (Financial Mail, 23 March 2007)
"Over five years, however, their two funds did not have legs to match award winner Oasis Balanced's total return of 198,7%.But while Oasis walked off with the five-year award, probably the most telling any manager with a long-term approach to investment can recieve, this was on a risk-adjusted basis."
Unit trusts fund manager rankings to December 31, 2006 (Personal Finance, 2 July 2007)
To see how Oasis unit trust funds ranked to the period ending December 31, 2006.
King of Investment Managers (Personal Finance, Weekend Argus July 22, 2006)
Oasis toppled Investec as the best investment scheme manager for the periods ended June 2006 the latest PlexCrown Ratings analysis shows. Oasis achieved an overall average PlexCrown rating of 4.416.