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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance, Market Moves more

CIMB- Principal Islamic targets US$1.7 bln assets under management

Posted on 26 August 2009

From Bernama: CIMB-Principal Islamic Asset Management Sdn Bhd aims to grow its assets under management to US$1.7 billion by year-end given the high potential market for Islamic-based instruments globally, chief executive Datuk Noripah Kamso said Tuesday.

The company, which is an offshoot of CIMB Principal Asset Management Bhd, has about US$1.3 billion in assets under management as at June 30, 2009………….Full Article: Source

 
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