The top 10 Islamic fund houses by assets
AsianInvestor has researched its first ever ranking of Islamic fund managers. Here we list the top 10 by assets under management, amid hopes that the industry can globalise.
Islamic assets have been on the rise, driven by greater issuance of sukuk, or Islamic bonds. Last year saw a new record for Islamic debt issuance globally, 77% of which emanated from Malaysia.
But while the global bond market stands at $100 trillion, the sukuk market is still tiny by comparison, at just $100 billion. It is this room for growth that industry participants are eager to capitalise on.
In our March edition, AsianInvestor launches its first ever ranking of sharia-comp…
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