Top 10 Islamic funds in Africa by three-month returns (03-Feb-2025)
Rank | Funds | Fund Manager | 3 months returns |
1 | 27four Best View Shariah Global Equity Fund | 27 Four Investment Managers | 4.97% |
2 | FNB Islamic Balanced Fund | FNB Multi Management | 3.58% |
3 | 27four Shariah Global Flexible Fund | 27 Four Investment Managers | 2.94% |
4 | 27four Shariah Wealth Builder Fund | 27 Four Investment Managers | 2.44% |
5 | 27four Shariah Multi-Managed Balanced Fund | 27 Four Investment Managers | 2.33% |
6 | 27four Shariah Stable Fund | 27 Four Investment Managers | 2.25% |
7 | 27four Shariah Income Fund | 27 Four Investment Managers | 1.94% |
8 | 27four Shariah Balanced Fund of Funds | 27 Four Investment Managers | 1.86% |
9 | 27four Shariah Active Equity Fund | 27 Four Investment Managers | 1.57% |
10 | Old Mutual Global Islamic Equity Portfolio | Old Mutual Unit Trust | -2.90% |
Top 10 Islamic funds in Africa by AuM (03-Feb-2025)
Rank | Fund Manager | Country | AuM (US$ millions) |
1 | Oasis Crescent Equity Fund | Oasis Crescent | 283.77 |
2 | Old Mutual Albaraka Balanced Fund | Old Mutual Unit Trust | 278.52 |
3 | Islamic Balanced Fund | Camissa Asset Management | 228.59 |
4 | Old Mutual Global Islamic Equity Portfolio | Old Mutual Unit Trust | 221.30 |
5 | Oasis Crescent Income Fund | Oasis Crescent | 162.91 |
6 | Old Mutual Albaraka Equity Fund | Old Mutual Unit Trust | 131.38 |
7 | Islamic Equity Fund | Camissa Asset Management | 126.65 |
8 | Islamic Global Equity Fund | Camissa Asset Management | 125.23 |
9 | Stanlib Multi-Manager Shariah Balanced Fund of Funds | Stanlib Multi-Manager | 120.34 |
10 | Oasis Crescent International Feeder Fund | Oasis Crescent | 99.85 |
Top 10 Islamic fund managers in Africa by AuM (03-Feb-2025)
Rank | Fund Name | Fund Manager | AuM (US$ millions) |
1 | Oasis Crescent | South Africa | 786.71 |
2 | Old Mutual Unit Trust | South Africa | 738.86 |
3 | Camissa Asset Management | South Africa | 546.52 |
4 | 27 Four Investment Managers | South Africa | 226.03 |
5 | Stanlib Multi-Manager | South Africa | 120.34 |
6 | Chapel Hill Denham Management | Nigeria | 36.56 |
7 | Sentio Capital Management | South Africa | 36.20 |
8 | Element Investment Managers | South Africa | 23.77 |
9 | Visio Fund Management | South Africa | 22.68 |
10 | Azimut Egypt Asset Management | Egypt | 19.34 |
Islamic funds breakdown by asset class – Africa (03-Feb-2025)

Islamic funds breakdown by fund type – Africa (03-Feb-2025)
