Shariah mutual fund assets under management (AUM) in Southeast Asia have expanded steadily, recording a compound annual growth rate of 12.4 per cent from 2016 to 2020. 

Demand for Islamic finance solutions is set to increase in the GCC and Middle East in the next five years, according to a new report ‘The Evolution of Wealth Management in the World of Islamic Finance 2019’, commissioned by Jersey Finance and Hubbis.