null CGS-CIMB: Shariah indices continued to outperform conventional indices in 2020
CGS-CIMB: Shariah indices continued to outperform conventional indices in 2020
9 Feb 2021 | Tuesday Source: The Edge Markets
Shariah indices have outperformed conventional indices in Bursa Malaysia for the past two years with the technology and healthcare sectors emerging as the top-performing sectors in 2020, said CGS-CIMB Securities Sdn Bhd.
In a research note today, it said the sustained outperformance of the shariah indexes over conventional stock indexes has led to more interest in shariah-based investments with the total Islamic assets under management (AUM) at RM217 billion as at end-December 2020.
Read more here