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Islamic Finance Briefing - Categorized | Finance, Performance more

Key Islamic funds poised for growth

Posted on 07 September 2010

From Gulf-daily-news.com: With around 1.6 billion Muslims worldwide and $950bn in assets under the management of the Islamic finance industry, the room for growth in Islamic exchange traded funds (ETFs) is evident.
“There are currently 16 ETFs trading that are benchmarked to Islamic indices, with around $36 million in total assets across the funds,” according to iShares vice-president Robert Broadwell……………………………………….Full Article: Source

 
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