Sovereign Fund-Backed Manager Launches Islamic ETF

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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. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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