Islamic asset management is gaining interest among investors as an avenue for alternative investment. The focus is intensifying on new categories of Islamic product offerings such as hedge funds, fund of funds, index funds, and exchange traded funds.
In the key Muslim countries, income levels are rising year-on-year and investors are crafting agile strategies to scale up wealth management. Growing awareness among investors about the benefits of asset diversification and their willingness to consider unconventional investment options are factors helping to boost Islamic fund assets……………………………………….Full Article: Source