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Islamic fund assets grew 7.6% last year

Islamic fund assets under management (AuM) grew by 7.6 per cent to $58 billion (Dh213 billion) in 2010, up from $53.9 billion in 2009, according to the fifth annual Ernst & Young Islamic Funds and Investments Report (IFIR 2011) released yesterday. The growth was largely due to market performance and…

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Click here to read the full story: Gulf News

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