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)

Categories:

Restricted Access

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
Subscribe Now