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Islamic equity funds were launched in the early 1990s, and began growing fairly rapidly in about 2004. As of 2014 there were 943 Islamic mutual funds worldwide and as of May 2015, they held $53.2 billion of assets under management. Malaysia and Saudi Arabia dominate the sector with about 69% of total assets under management.
Parent agency. Prime Minister's Department. Website. www .islam .gov .my. Department of Islamic Development Malaysia ( Malay: Jabatan Kemajuan Islam Malaysia, Jawi alphabet: جابتن كماجوان اسلام مليسيا) or popularly known as JAKIM (جاكيم), is a federal government agency in Malaysia that administers Islamic affairs in ...
Established. 26 March 2008. Location. Kuala Lumpur. Website. www .isra .my. International Shariʽah Research Academy for Islamic Finance ( ISRA) is an Islamic finance research institution in Malaysia that focuses on sharia -related issues. ISRA was established on 26 March 2008 by the Central Bank Malaysia (BNM)
The Malaysia International Islamic Financial Centre ( MIFC) is an initiative of Malaysia’s financial market regulators and relevant government agencies dedicated to developing Malaysia’s Islamic finance market by engaging with industry and government. [1] The initiative was launched in 2006 [2] and is based in Kuala Lumpur, Malaysia.
KUALA LUMPUR (Reuters) -Malaysia's top court on Friday declared unconstitutional more than a dozen Islamic laws enacted by the state of Kelantan, in a landmark decision that could affect similar ...
The Islamic Financial Services Board (IFSB) is an international standard-setting body of regulatory and supervisory agencies that promotes the soundness and stability of the Islamic financial services industry, covering banking, capital market and insurance. [3] In advancing this mission, the IFSB promotes the development of a prudent and ...
Malaysian Indian Muslim Congress. Malaysian Islamic Youth Movement. Malaysian Muslim Solidarity.
Employees' Provident Fund ( EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector ...