Study reveals ESG Shariah funds to experience strong growth

More than a third of leading Islamic Finance professionals expect dramatic growth in the number of investment funds combining ESG and Shariah compliance over the next two years, new research shows. The study among professionals working across a wide range of sectors found 36 percent expect dramatic growth while 49 percent expect a slight increase in the number of fund launches – but most believe the current Islamic Finance market underserves ESG demand.

The research was conducted by Maybank…