Launch Partners

Launch Partners

League Tables – Africa (15-Jul-2024)

Top 10 Islamic funds in Africa by three-months returns (15-Jul-2024) 

Rank Fund Manager Fund Name 3 months return 
Hermes Fund Management (EFG Holdings) Al Barakat Bank Islamic Money Market Fund 19.10% 
Hermes Fund Management (EFG Holdings) Al Baraka Fund (EGP) 15.00% 
Hermes Fund Management (EFG Holdings) Faisal Islamic Fund 12.00% 
Foord-Hassen Foord-Hassen Shariah Equity Fund C2 USD Acc 10.97% 
Lotus Capital Limited Lotus Halal Investment Fund 6.59% 
Lotus Capital Limited Lotus Halal Fixed Income Fund 3.83% 
27 Four Investment Managers 27four Shariah Wealth Builder Fund 3.33% 
27 Four Investment Managers 27four Shariah Multi-Managed Balanced Fund 3.20% 
FNB Multi Management FNB Islamic Balanced Fund 3.20% 
10 27 Four Investment Managers 27four Shariah Active Equity Fund 3.08% 

Top 10 Islamic funds in Africa region by AuM (15-Jul-2024) 

Rank Fund Name Fund Manager AuM (US$ million) 
Oasis Crescent Equity Fund Oasis Crescent 300.08 
Old Mutual Albaraka Balanced Fund Old Mutual Unit Trust 288.96 
Islamic Balanced Fund Camissa Asset Management 228.95 
Oasis Crescent Income Fund Oasis Crescent 172.27 
Old Mutual Albaraka Equity Fund Old Mutual Unit Trust 133.37 
Islamic Global Equity Fund Camissa Asset Management 132.02 
Islamic Equity Fund Camissa Asset Management 130.71 
Stanlib Multi-Manager Shariah Balanced Fund of Funds Stanlib Multi-Manager 124.43 
Oasis Crescent International Feeder Fund Oasis Crescent 114.16 
10 Old Mutual Albaraka Income Fund Old Mutual Unit Trust 97.04 

Top 10 Islamic fund managers in Africa region by AuM (15-Jul-2024) 

Rank Fund Manager Country AuM (US$ million) 
Oasis Crescent South Africa 727.71 
Camissa Asset Management South Africa 557.17 
Old Mutual Unit Trust South Africa 522.86 
Stanlib Multi-Manager South Africa 121.14 
27 Four Investment Managers South Africa 103.32 
Sentio Capital Management South Africa 44.67 
Chapel Hill Denham Management Nigeria 32.79 
Element Investment Managers South Africa 24.48 
Visio Fund Management South Africa 21.57 
10 Lotus Capital Limited Nigeria 15.23 

Islamic funds breakdown by asset class – Africa (15-Jul-2024)

Islamic fund breakdown by fund types – Africa (15-Jul-2024)

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