GLOBAL: The Middle East’s Islamic investment sector maintained its strong momentum, with the IFN Investor Funds Database tracking the launch of 10 new Islamic funds with a total AuM of US$1.81 billion in Q4 2024, domiciled in Saudi Arabia. The investment focus of these Saudi funds aligns with the Kingdom’s Vision 2030 – focusing on potentials that will gain from rising allocations in materials, energy, banking and real estate.
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