Dubai: Global Hub for Islamic Finance

You may be aware that we recently put out a white paper based on data provided by Thomson Reuters that seeks to propel Dubai to the forefront of the Islamic asset management industry.

Discussed on CNBC Arabiya from minute 3 onwards

The full paper is here:

http://www.rasmala.com/productfiles/TransformingWhitePaper.pdf

Key points:

Despite huge international potential, the Islamic asset management sector remains greatly underdeveloped.The industry has failed to take root amongst its core demographic. Total AUMs represent a tiny fraction of global funds and product offering is narrow, parochial, lacking choice, diversification and quality.GCC investors demand more sophisticated Shari'a compliant savings, pensions, insurance and fund produc...