The 50 biggest managers of Islamic funds

Islamic assets under management (AUM) globally rose 2.5% last year*, driven above all by growth in Malaysia, according to AsianInvestor's latest annual list of the 50 biggest managers of sharia-compliant funds. In fact, Malaysia will in 2017 overtake Saudi Arabia to account for the largest pool of Islamic funds, if last year's trend continues. Islamic assets managed in Malaysia grew 11.6% to $22.23 billion in 2016, putting the country only $1.87 billion behind Saudi Arabia, which …