GLOBAL: Islamic money market funds in the GCC grew by 23.95% between Q4 2024 and Q1 2025, according to the IFN Investor Funds Database. Total assets under management rose to US$21.07 billion from US$17 billion, underpinned by the performance of 47 funds and two new launches. Overall sentiment was fueled by strong regional demand for Shariah compliant, low-risk investments and supportive economic conditions.
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