news
Global Islamic funds market grows 300% in decade - report
28 Jan 2022 | Friday Source: Reuters

The global Islamic funds market has grown by more than 300% over the last decade to nearly reach $200 billion in assets under management, the Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) said on Wednesday.
Islamic assets under management (AuM) grew 13.7% in 2020 despite the COVID-19 pandemic, though that was slower than the 35.1% growth of 2019, it said in a report.
Read more here