MCCA MDA Pty Ltd ABN 33 118 089 446 (MCCA) is a developer and promoter of ethical wealth management and protection products that are offered to the public under the auspices of carefully selected financial services licensees.
The Crescent Ethical Managed Discretionary Account service (MDA Service) is the first of such products – developed with and managed by Intrinsic Investment Management Pty Ltd AFSL 247 127 (Intrinsic), an independent fund manager.
The MDA Service has the distinction of being the first ASX based investment product available in Australia to retail investors that is also certified as being Shariah compliant in its investment choices.
Such share market based Shariah compliant retail investment products have long been established in Northern America and within the EU – and MCCA is proud to be the pioneer of similar offerings in Australia.
MCCA promotes the MDA Service purely as a Business Introducer – and refers all expressions of interest generated as a result of its promotional efforts to authorised representatives appointed by Intrinsic who subsequently undertake all person-to-person dealings with the potential clients.