| From Bworldonline.com: BNP Paribas Investment aims to double its Islamic assets under management this year as the global economy recovers but higher borrowing costs worldwide could dampen market sentiment, a senior official said on Wednesday.
BNP’s Islamic assets of $500 million would be boosted by demand from sharia insurers and private banks, with investors expected to favor equities as they embrace riskier assets, the fund manager’s Southeast Asia head said..............................................Full Article: Source
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