Public Islamic assets under management to snap back
Assets under management (AUM) of public Islamic funds are expected to return to their 2021 peak in the next two to three years, a new report has found.
In 2021, assets under management of public Islamic funds peaked to around $140 billion.
“We forecast lower interest rates (US policy rate 2024F: 4.75%; 2025F: 3.5%), which will likely increase appetite for investments in emerging markets, including Islamic funds,” Fitch Ratings said.
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