Wassalamualaikum warahmatullahi wabarakatuh arab

#Wassalamualaikum warahmatullahi wabarakatuh arab series#

The Irish government, for instance, has expressed its intention of turning Dublin into a centre of excellence for Islamic finance. As mature markets press forward with reforms, new developments and innovation in Islamic finance and fund management, many other markets are starting to actively participate in this arena.Malaysia already commands 63 percent of the global sukuk market and research suggests that MalaysiaвЂ™s foreign issuance of sukuk will increase by between 25 and 30 percent this year. In Malaysia, the government has been leading the way in issuing Islamic investment instruments and it has been very encouraging to see the corporate sector following suit.This is particularly so in the areas of project and infrastructure and real estate financing, as well as the many other sectors that contribute directly to the growth of the real economy. The Islamic investment and capital market space is still considerably dwarfed by the multi-trillion conventional fund industry, and there is tremendous potential for the growth of Shariah-compliant investments. For the growth of Islamic asset management to be sustainable, however, it is necessary for the industry to undergo a significant level of diversification in terms of instruments, markets and portfolio returns.Coupled with greater transparency, whereby the terms and conditions of investments are clearly defined from the start, the Shariah investment methodology is arguably a step ahead in risk management. Embedded in this meticulous process is the risk management facet, which entails the selection of stocks that can better withstand macroeconomic turmoil. Stocks must pass a rigorous screening process to determine their underlying ability to meet both short and long term obligations. Prudent risk management is inherent in Islamic finance and there is an increasing recognition from Muslim and non-Muslim investors alike of the link between the fundamentals of Shariah-based finance and stable growth.

A comparison of the performance of Islamic funds against major stock market indices show that Islamic funds have delivered returns with significantly less volatility and better downturn protection.

Islamic investment instruments have proven to be viable alternatives to conventional instruments and provide competitive risk-return results.

Islamic asset management is expected to continue to undergo rapid growth over the next few years as the demand for Shariah-based investment solutions continues to increase. More and more issuers and investors are flocking to Islamic markets given Islamic financeвЂ™s more prudent investment environment and practices.

Islamic asset management, although a very young industry, has become the most dynamic and rapidly evolving component of the Islamic financial services sector today.

By 2020, the penetration rate is forecasted to be close to or exceed 50 percent in these countries. At the end of 2010, the penetration rate of Islamic assets was more than 30 percent in Kuwait and Saudi Arabia 22 percent in Malaysia and the United Arab Emirates and 18 percent in Bangladesh. There are estimates that suggest it could reach 4 trillion US dollars over the next 8 years.

Today, the total value of global Islamic financial assets, at approximately 1.2 trillion US dollars, constitutes just under 1 percent of global financial assets.

Since then, it has been very encouraging to see that 16 Islamic fund management houses have been licensed for operation by the Securities Commission.

#Wassalamualaikum warahmatullahi wabarakatuh arab series#

In 2008 the MIFC introduced a series of tax exemptions for a period of up to 10 years, aimed at attracting institutions to establish fund management and Wadiah operations in Malaysia.

Malaysia, under the Malaysia International Islamic Financial Centre (MIFC), recognises the significant role fund managers play in growing the Islamic asset management industry.

Since its establishment in July 2008, CIMB-Principal Islamic Asset Management has taken a leading position in the global Islamic asset management industry.

It gives me great pleasure to join you on this occasion to celebrate the launch of CIMB-Principal Islamic Funds in Dublin вЂ“ the first Islamic funds platform in Ireland established by a Malaysian company.

Assalamualaikum Warahmatullahi Wabarakatuh.Д«eta bersyukur ke hadrat Ilahi kerana dengan izin dari Nya juga, Beta dapat berangkat untuk menzahirkan titah di majlis pelancaran platform Dana Dublin oleh CIMB-Principal Islamic Asset Management pada hari ini.