GLOBAL: Saudi Arabia, home to 23 of the 31 Waqf funds tracked by the IFN Investor Funds Database, remained the largest market globally for such investments with total AuM growing 14.85% to US$340.11 million by the end of Q3 2025, reflecting continued expansion of formalized Waqf investment structures there. The Kingdom also recorded the launch of another two Waqf funds in this quarter, with a combined AuM of US$23.84 million.
From a growth perspective, Oman – with two funds – posted the strongest performance globally, rising 27.38% from US$7.45 million to US$9.49 million. The single fund in Egypt recorded a 9.62% rise in AuM to US$6.11 million, supported by incremental asset accumulation during the period. Malaysia, which manages five Waqf funds, recorded an 8.05% increase to US$7.06 million.
Overall, the majority of Waqf predominantly invested in mixed-asset portfolios – consistent with their income and capital-preservation objectives – posted a 14.91% increase in total AuM to US$362.78 million in Q3 2025, up from US$315.71 million in the first half of the year.
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