Monday 26, September 2011 by
Global Islamic funds assets hit $58 billion in 2010
The growth was largely due to market performance and partially on account of new money inflows. Concentration in equities remains, as they account for 39 per cent of the AuM, but bringing new money into equities is challenging. Fixed income, commodities and alternatives did well in 2010, which was a record year for Sukuk with issuance of $50 billion.
