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Islamic asset management to be worth $125bln

Posted on 27 April 2010

From Alrroya.com: The Islamic asset management industry is expected to be worth about $125 billion (Dh458bn) in the next 10 years – a growth of more than 46 per cent from its current value of $67bn – as demand for shariah-compliant financial products continue to move upwards.

Datuk Noripah Kamso, Chief Executive of the Malaysian-based global shariah investment manager CIMB-Principal Islamic Asset Management, estimates a double-digit annual average growth rate for the industry in the next decade…………………………………..Full Article: Source

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