Tagged: Alternative Assets

Islamic assets seen jumping to $3tn on Asia, GCC

Islamic assets seen jumping to $3tn on Asia, GCC

It is expected that by 2015 global Islamic financial assets will double their amount and reach the mark of $3tn. These expectations are based on the fact that demand for the securities in the Gulf Co-operation Council and Malaysia lures issuers to the …

Dublin welcomes first Malaysian asset manager

Dublin welcomes first Malaysian asset manager

According to the IFIA, CIMB-Principal Islamic Asset Management has become the first Malaysian firm to launch funds from Dublin. Thus it is reinforcing the position of the domicile as Europe’s leading funds centre. The start of the CIMB-Principal Islam…

Al Meezan’s assets under management cross Rs 25bn

Al Meezan’s assets under management cross Rs 25bn

Al Meezan Investment Management Ltd, the largest Shariah compliant asset management company has achieved another milestone of having assets under management of over Rs 25 billion.
In addition to healthy and competitive returns on their investments, the…

AmInvestment targets more assets

AmInvestment targets more assets

AmInvestment Bank Group sets its target to RM25bil for next year from about RM22.3bil as at end-October.
This year, the division launched 12 funds and may introduce about the same number next year.
With an initial fund size of RM100mil, the newly-launc…