Sharia investing needs a boost in the Gulf, say fund execs
Malaysia is set to overtake the Middle East as the global hub for Islamic investments in terms of assets under management. What can Gulf countries do to counter this trend?
Saudi Arabia’s recent $9 billion debut global sukuk bond issue may help the Middle East to hold onto its crown as the Islamic world’s premier investment destination, but governments in the region could do a lot more to underpin market development, say asset management executives.
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