Islamic wealth management could see high growth

21-Jul-2015 #Globalwealth

Growing number of Islamic high-net worth individuals who keep looking for Shariah-compliant types of investment is expected to give boost to Islamic wealth management, private equity, crowd funding, sustainable investing and socially responsible investments. According to Thomson Reuters’ Global Islamic Asset Management Outlook 2015, Islamic funds is already a $60 billion industry and the latent demand for Islamic funds is projected to grow as high as $185 billion.