Top 10 Islamic funds in Europe by three-month returns (24-Feb-2025)
Rank | Fund Name | Fund Manager | 3 months return |
1 | Kuveyt Turk Portfolio Kma Participation Free (Foreign Exchange) Special Fund | Kuveyt Turk Portfoy | 234.37% |
2 | Ziraat Portfolio Participation Free (TL) Fund | Ziraat Portfoy | 97.68% |
3 | Foneria Portfolio Participation Stock Free Fund (Stock Intensive Fund) | Foneria Portfoy | 73.49% |
4 | Kuveyt Turk Portfolio Kfz Participation Free Special Fund | Kuveyt Turk Portfoy | 32.95% |
5 | Qinvest Portfolio Third Participation Free Fund | QInvest Portfoy | 25.20% |
6 | Azimut Portfolio Participation Stock Fund (Stock Intensive Fund) | Azimut Portfoy | 21.55% |
7 | Turkiye Life And Retirement Participation Aggressive Variable Retirement Investment Fund | Turkiye Hayat Ve Emeklilik | 21.45% |
8 | Turkiye Life And Retirement Participation Dynamic Variable Retirement Investment Fund | Turkiye Hayat Ve Emeklilik | 21.38% |
9 | Ziraat Portfolio Momentum Participation Free Special Fund | Ziraat Portfoy | 20.68% |
10 | Bereket Retirement And Life Growth Participation Variable Retirement Investment Fund | Bereket Emeklilik ve Hayat | 20.63% |
Top 10 Islamic funds in Europe by AuM (24-Feb-2025)
Rank | Fund Name | Fund Manager | AuM (US$ million) |
1 | HSBC UCITS Common Contractual Fund – Islamic Global Equity Index Fund – Class A2CGBP | HSBC Asset Management | 5,564.07 |
2 | Turkiye Life And Retirement Gold Participation Retirement Investment Fund | Turkiye Hayat Ve Emeklilik | 2,932.53 |
3 | Agesa Life And Retirement Gold Participation Retirement Investment Fund | AgeSA Hayat ve Emeklilik | 2,030.44 |
4 | Kuveyt Turk Portfolio Short-Term Participation Free (TL) Fund | Kuveyt Turk Portfoy | 1,543.13 |
5 | Garanti Retirement And Life Gold Participation Retirement Investment Fund | Garanti Emeklilik Ve Hayat | 1,207.13 |
6 | Anadolu Life Retirement Gold Participation Retirement Investment Fund | Anadolu Hayat Emeklilik | 1,154.22 |
7 | Kuveyt Turk Portfolio Money Market Participation (TL) Fund | Kuveyt Turk Portfoy | 1,138.07 |
8 | Ziraat Portfolio Gold Participation Exchange Investment Fund | Ziraat Portfoy | 1,096.40 |
9 | The Royal Mint Responsibly Sourced Physical Gold ETC | HANetf Management Limited | 953.74 |
10 | Kuveyt Turk Portfolio Seventh Participation Free (Foreign Exchange) Fund | Kuveyt Turk Portfoy | 852.27 |
Top 10 Islamic fund managers in Europe by AuM (24-Feb-2025)
Rank | Fund Manager | Country | AuM (US$ million) |
1 | HSBC Asset Management | United Kingdom | 8,601.71 |
2 | Kuveyt Turk Portfoy | Turkiye | 6,979.02 |
3 | Turkiye Hayat Ve Emeklilik | Turkiye | 4,173.61 |
4 | Ziraat Portfoy | Turkiye | 2,986.11 |
5 | Albaraka Portfoy | Turkiye | 2,506.48 |
6 | AgeSA Hayat ve Emeklilik | Turkiye | 2,098.94 |
7 | Garanti Emeklilik Ve Hayat | Turkiye | 1,586.25 |
8 | Anadolu Hayat Emeklilik | Turkiye | 1,318.97 |
9 | iShares (BlackRock) | United Kingdom | 1,164.97 |
10 | Franklin Templeton | Luxembourg | 1,002.39 |
Islamic funds breakdown by asset class – Europe (24-Feb-2025)

Islamic funds breakdown by fund type – Europe (24-Feb-2025)
