IFN Investor Weekly Round-up: 9th – 15th June 2026

The IFN Investor Funds Database, the leading intelligence platform on Islamic public fund offerings, recorded 2,743 funds managed by 517 asset management firms, with a combined total AuM of US$445.13 billion as at the 15^th June 2026.

Expanding universe

Sustaining a momentum seen all quarter, new Islamic funds continue to make their debut – this week, new entrants hail from Malaysia thanks to Sime Darby Property and BIMB Investment Management.

We can also expect Middle Eastern entities to contribute toward expanding the universe: a tripartite agreement between Saudi companies will see the launch of a Shariah compliant real estate investment fund while an AI-powered Islamic investment platform for Qatar is in the works just as a Saudi real estate investment digital platform wins Shariah approval.

It is also worth highlighting that Bahrain’s GFH Bank has introduced a US$300 million logistics and industrial real estate platform targeting the Saudi and UAE market to capture “occupier demand.”

Enhanced frameworks

The Islamic investment ecosystem is indeed maturing at both national and firm-level, with policies being put in place to bolster operating climate. This past week, UAE’s Investcorp unveiled its AI investment framework which the Islamic investment manager will apply across its PE, real assets and credit activities. Meanwhile, the Central Bank of Iran has given the greenlight for a new framework on fixed-income investment funds.

Major moves

Several notable hires and departures were confirmed this week: Saudi investment firm SVC named Nora M Alsarhan as its new CEO; Al Rajhi Capital appointed new board members; Apex Group recruited Dr Areeba Khan to head Shariah product development; while Dr Muath Khalid Alzamil resigned from the board of Gulf General Cooperative Insurance Co leaving his post as a member of the investment committee as well as chairman of the nomination and remuneration committee.