
Report's Content
Cover Story
Cutting through the noise: Investors bullish on Islamic markets despite geopolitical...
Deepening geopolitical tensions and macroeconomic volatilities have kept investors worried – triggering bouts of selling in stock markets.
With Donald Trump promising to hold his protectionist stance threatening trade tariffs as he steers the world’s largest economy, policymakers and investors...
Interviews
Channel Capital Advisors banks on innovation economy to bolster Shariah strategy
London-based Channel Capital Advisors is focusing on onboarding investors from Western Europe, the UK, the US and the GCC to its Corniche I Shariah compliant asset-backed private credit strategy while exploring potential new areas of investments which would comply...
Traditional investment channels evolving into hybrid digital platforms, says expert
The Islamic fintech and digital investment sectors are rapidly growing, underlining a significant shift in the financial habits and preferences of Islamic investors worldwide. Munirah Khairuddin, the country head and CEO of Principal Asset Management Malaysia, spoke to IFN’s...
Credit ratings agency highlights resilience of Islamic sovereign finance and hydrocarbon...
Islamic sovereigns show resilience in the face of global financial shifts, enhanced by hydrocarbon exports and diversification efforts. While loosening financial conditions and geopolitical challenges shape the credit outlook, opportunities for growth remain as these economies adapt to evolving...
Market Analyses
Commodities: Gold demand stays strong
Key Highlights
Price rally in Q3 2024, following cut in US interest rate
Turkiye leads with 19 gold funds
Africa region charted largest percentage growth in AuM value
Overview
During Q3 2024, the average spot gold price on global markets grew from US$2,336 per...
Equities: Reacting to US Fed rate cut
Key Highlights
Asia exhibits healthy growth
Islamic equity funds grew on a global level in Q3 2024
Launch of three new fully Islamic equity funds
Overview
Tentative performance trends since early this year for global equities, due to uncertainties related to when the US...
Fixed Income: Rising on robust Sukuk landscape
Key Highlights
Global fixed income and Sukuk funds market valued at US$20.23 billion at end of Q3 2024
Asia Pacific grew the most in Q3 2024
Development of digital Sukuk has become a key growth driver
Overview
Compared to Q2 2024, global Islamic fixed...
Islamic money market weighed by US Fed
Key Highlights:
Saudi Arabia leads with the largest Islamic money market funds by AuM
Asia Pacific experienced an AuM growth of 24.69% by the end of Q2 2024
Eight Islamic money market funds were launched in the first half of 2024
Overview
Global money...
Real Estate: Positive recovery trend
Key highlights:
• Dubai remains an attractive destination for real estate investments
• Middle East came back strong, with Islamic real estate funds growing 23.9% in Q3 2024 after losing some in the previous quarter
• Saudi Arabia leads the Islamic real...
Chapters
Investment in the Islamic finance ecosystem: ICIEC’s investment strategy and defining...
Investments like small-and medium-sized enterprises(SMEs) are often regarded as the backbone of an economy, especially in low- and medium-income countries (LMICs). Investments typically straddle a wide spectrum of policies, strategies and products, each suited to the requirements of a...
Islamic fund management needs a game-changer
If Islamic fund management is to continue being a significant force on the global front, it has to go down a new path and chart a different route from what has been done so far. It’s just that organic...
Bridging the Islamic investments gap
Practical financial education is often lacking among the young and this perpetuates a problem well into adulthood. The average Muslim is not exactly going to school and learning about Islamic finance. They learn about that at home.
Unfortunately, these insights...
Kenanga Alternative Series: Islamic Global Responsible Strategies Fund
Presented in a Q&A format, Kenanga Investors Executive Director and CEO Ismitz Matthew De Alwis shares insights into the Kenanga Alternative Series: Islamic Global Responsible Strategies Fund in this first of a three-part series.
Why did Kenanga Investors decide to...
Neter to align capital markets with protecting nature’s assets
Mobilising capital markets to protect Earth’s biosphere, Neter is focused on developing conventional and Shariah financial instruments, and creating nature-positive strategies that can shape the future of capital markets.
With this new company launched on the 19th September 2024, Neter...
Investment in the Islamic finance ecosystem: ICIEC’s investment strategy and defining...
Investments like small-and medium-sized enterprises(SMEs) are often regarded as the backbone of an economy, especially in low- and medium-income countries (LMICs). Investments typically straddle...

Features
Is Qatar’s Sukuk market turning the corner toward greater diversification?
Qatar is a vignette of what a robust dollar Sukuk market would look like, but from a non-dollar vantage point, the space is still largely undeveloped. Optimism is running high that the Qatari riyal Sukuk market could be on...
Estithmar clears the way for Qatari corporates to tap riyal market...
Estithmar Holding’s debut Sukuk offering is one for the books as it heralded a new chapter in Qatar’s Sukuk market, opening the doors for a new asset class in a market driven by financial institutions and foreign currency issuances,...
Fund Profiles
Eq8 FTSE Malaysia Enhanced Dividend Waqf ETF
Making its Bursa Malaysia debut on the 10th December 2024, the latest exchange traded fund (ETF) offering from Eq8 Capital aims to provide Shariah compliant returns while contributing to a charitable cause, explained Capital Executive Director and Acting CEO...
Ishraq Endowment Investment Fund
Oman’s Ishraq Endowment Investment Fund is the IFN Social Impact Deal of the Year 2024 Award winner as it “provides individuals, companies and endowment establishments with opportunities to contribute to charitable fields and community projects consistent with Islamic values”.
Its...
Halogen Shariah Crypto Titans Fund
The Halogen Shariah Crypto Titans Fund is aimed at investors seeking exposure to cryptocurrencies while adhering to Shariah principles.
Launched by Malaysia digital asset firm Halogen Capital, this fund’s index is designed to track the performance of a basket of...
IFN Investor Data
IFN Investor Data – Annual Report 2024
A series of proprietary IFN Investor data on Islamic funds worldwide broken down by geography and asset class.