Malaysia
cimb principal to buy Finansa am in Thailand
CIMB-Principal Asset Management has entered into a deal to acquire Thailands Finansa Asset Management.
RHB Asset Management floats maiden Islamic
RHB Asset Management has unveiled a Shariah-compliant actively managed Islamic balanced fund in Hong Kong, the first in the country.
Hong Kong looks to boost Islamic finance
Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors.
RHB Asset Management offers global
RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
Study reveals lack of understanding of Shariah
Less than half of Malaysian unit trust investors currently own Shariah funds while nearly two thirds say they are not confident about their understanding of Shariah-based investments.