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Shariah funds need to offer more ESG strategies

7th March 2022

Nearly three quarters of Islamic finance professionals believe demand for ESG investment strategies is not being met by Shariah funds.

A survey conducted by Maybank Islamic Berhad, the Islamic banking arm of Maybank Group, and IslamicMarkets.com also found that professionals working across a wide range of sectors found 36% expected dramatic growth in ESG/Shariah funds, while 49% expected a slight increase in the number of fund launches in the future.

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