SOUTH AFRICA: Buoyed by surging gold prices, Shariah commodity funds in South Africa tracked by the IFN Investor Funds Database rose to US$3 billion in total AuM at the end of 2025 – marking a 7.55% value rise from US$2.78 billion over Q4 2025 for the country’s largest Islamic fund segment by size.
This uptick mitigated the downturn by equity funds, the second-largest asset class, which recorded a 17.06% total AuM fall to US$1.97 billion for the year’s last quarter from US$2.38 billion in Q3 2025.
Overall, the South African Islamic fund valuation contracted in Q4 2025, with total AuM declining 2.36% quarter-on-quarter to US$5.89 billion from US$6.03 billion prior to this.
In other asset classes, fixed income instruments posted a gain of 11.19% to US$35.17 million from US$31.63million, while mixed asset funds grew 6.94% to US$764.67 million from US$715.05 million. Sukuk funds were flat at US$118.37 million.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
