Sovereign Fund-Backed Manager Launches Islamic ETF

Posted on 04/08/2015


In October 2014, Ernst & Young LLP forecasted that global Islamic banking assets will mushroom to US$ 3.4 trillion by 2018. The growth of the Islamic bond market (sukuk) has outpaced Shariah-compliant equity investments over the past few years. i-VCAP Management Sdn Bhd launched its third exchange-traded fund (ETF) which is also its first regional […]