GLOBAL: Pakistan has the most Islamic fixed income funds globally, hosting 36 as of Q1 2025, although by holdings it ranks fourth, with US$878.1 million in assets under management (AuM), data from the IFN Investor Funds Database shows.
Saudi Arabia leads in Islamic fixed income AuM, managing US$5.24 billion across 18 funds. Malaysia and Türkiye are second and third in this order, with each managing 19 funds involving AuMs of US$1.7 billion and US$1.39 billion, respectively.
The data highlights Pakistan’s fund proliferation, while underscoring Saudi Arabia’s continued leadership in terms of scale and AuM. Malaysia and Türkiye maintain their positions as significant players in global Islamic fixed income.
