Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

REGIONAL

Global Islamic Fund Assets Little Changed In 2009, Says Ernst & Young

Global Islamic fund assets held steady at $52.3bn in 2009, little changed from the $51.4bn total of 2008, according to Ernst & Youngs Islamic Funds And Investment Report, released on 5 June. In contrast, the global conventional mutual fund assets under management (AUM) showed signs of recovery from their low of $19 trillion in 2008, reaching $22 trillion in...