SINGAPORE: The Islamic fund landscape in this island-state is predominantly objective-driven, with almost half linked to insurance mandates. The others are structured as feeder or sub-funds within broader Shariah compliant platforms.
Table 1: Shariah compliant funds in Singapore
| Fund type | Asset managers | Fund count |
| Insurance-linked | Franklin Templeton | 2 |
| AIA Singapore | 1 | |
| Income Insurance | 1 | |
| Prudential Singapore | 1 | |
| Sub-funds | Lion Global Investors | 2 |
| Maybank Asset Management | 3 | |
| Feeder | Maybank Asset Management | 1 |
Source: IFN Investor Funds Database
Overall, Singapore’s Islamic fund industry expanded 14.06% in Q4 2025 to US$558.21 million across 11 funds, from US$489.39 million in Q3 2025. The best performance recorded was in the mixed assets segment, rising 18.02% from US$248.07 million to US$292.78 million. Equities advanced 13.14% from US$96.93 million to US$109.67 million while fixed income instruments posted gains of 11.96%, climbing from US$97.84 million to US$109.54 million. Sukuk was the sole decliner, slipping 0.69% from US$46.55 million to US$46.23 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
