Islamic ETFs Experienced Record Growth in 2021; Set to Increase Islamic Finance Assets to USD 4.94 Trillion by 2025

As reported by United States-based Invesco experts, 2021 saw a record year for Islamic Exchange-Traded Funds (ETFs) with over 900 new launches globally, more than USD 1 trillion in net income worldwide and USD 9.9 trillion Assets Under Management (AUM) by the end of November 2021.

Why it Matters?

Global Islamic finance assets are expected to amount to USD 4.94 trillion in 2025, supported by the range increase of Islamic ETFs. According to Dr Christopher Mellor, Head of EMEA ETF Equity and Commodity Product Management, ETFs’ appeal to investors lies in their reputed features of simplicity, relativity, cost-effectiveness, and their consideration as an efficient investment in diverse products. Among the major trends contributing to the large demand se...