GLOBAL: Asia Pacific remains the second-largest region for Islamic funds, with total assets under management (AuM) reaching US$44.7 billion as at the end of Q4 2024, rising 7.8% compared to Q3 2024. Malaysia leads with total Shariah funds valued at US$33.08 billion at the end of Q4 2024, making up 74% of the Asia Pacific’s AuM. Malaysia’s Islamic equity funds posted positive net average returns across one-year, three-year and five-year periods, where industrial services, energy and technology sectors remain key performance drivers.
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