Islamic Mutual Funds operating across the world

Islamic Mutual Funds compliant to Shariat laws were operating across the world are 250 so far.
According a report of Islamic Development Bank (IDB), these 250 Islamic Mutual Funds were managing the assets worth $300 billion.
The enlistment of 37 Islamic Sakuk Bonds worth $7.5 billion has been completed in Bahrain Liquidity Management Centre, while the overall volume of Islamic Sakuk Bonds across the world range between $12 -14 billion, private tv channel (Geo) reported. Malaysia, issuing Islamic Bonds in its own country for borrowings, has thus far issued Islamic Bonds worth $17 billion to banks and other financial institutions. Such Bonds in Bahrain valued at $2 billion, the report further said.
In 2004, the value of shares of the companies, fully compliant to Islamic financial system enlisted in different stock markets all over the world, aggregated to $104 billion.

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