The UK bank is seeking a bigger share of the $60 billion market for sharia-compliant funds under management by globally standardising its securities services offering.
Having recently launched two sharia equity strategies, the US asset manager plans to manage more assets out of Kuala Lumpur.
The German bank says the growth in the take-up of its Islamic products is outpacing its conventional funds business in Asia.
The Malaysian firm is pitching for more institutional mandates and hopes to benefit from money contributed to the state-run Employees Provident Fund being shifted into unit trusts.
The Swiss private bank cites its sustainable investment credentials as an advantage when it comes to offering a range of Islamic wealth products.
FTSE and the Stock Exchange of Thailand add the FTSE SET Shariah Index to the market’s benchmarks.
Taurus Mutual Fund launches India's first actively managed sharia-compliant fund available to the retail market.
Malaysia now has more sharia funds than Saudi Arabia, but is still second in terms of assets under management.
Cerulli projects a 12% compound annual growth in sharia assets in the next five years once the current volatility subsides.
The Al Safi Trust alternative investment platform is launched in Dubai featuring five commodities hedge funds that comply with sharia law.
The Daiwa exchange-traded fund will track the largest and most liquid listed companies in Japan that comply with Islamic legal principles.
The market claims a critical mass of sharia experts and scholars who can advise on sharia compliance, and a pool of investment management professionals to manage Islamic ...
Prudential Fund Management Berhad raises $96 million for a range of eight Sharia funds in Malaysia, bringing the firm’s Sharia portfolio to $242 million.
Malaysian fund manager launches aggressive sharia compliant fund.
Schroders to sub-advise on offshore equity fund launched for Malaysian retailers.
Firm launches new capital protected sharia-compliant fund to Malaysian investors.
New index to replacing existing sharia benchmark in November 2007.
New index expected to increase cross-market trading.
Yasaar and FTSE plan enhanced Islamic indexing service in Asia.