GLOBAL: Total European Islamic equity funds declined at the end of Q1 2025, according to the IFN Investor Funds Database, with a 12.57% quarter-on-quarter decline as assets under management (AuM) fell from US$11.96 billion to US$10.46 billion. The Republic of Ireland and Luxembourg registered the steepest drops, at 15.78% and 5.23% respectively. Luxembourg-domiciled funds reported an average three-month performance decline of 5.63%, while funds domiciled in Ireland posted a 4.31% drop in returns over the same period.
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