Shariah investing jumps above 20% AUM market share across Southeast Asia

Shariah mutual fund assets under management in Southeast Asia recorded a compound annual growth rate of 12.4% from 2016 to 2020 to reach a market share of over 20% of the region's total mutual fund AUM, according to Cerulli's May 2021 Asian Monthly Product Trends report.

However, sustaining the development of the region's Shariah fund management industry requires addressing persistent challenges, the report said.

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