MARKET UPDATES :
Malaysia continues to be a significant player in the Islamic fund management industry, accounting for about 25 per cent of Islamic assets under management (AUM) globally as at June 17 this year. The Finance Ministry, in its Economic Report 2014-2015 released today, said on the domestic front, the Islamic AUM accounted for some 16.9 per cent of the industry’s total AUM as of end-June this year. As of end-July this year, the report said the total Net Asset Value (NAV) of Islamic unit trust funds stood at RM45.4 billion and Islamic wholesale funds at RM17.5 billion.
STOCK RECOMMENDATION :
BUY RHB CAPITAL ABOVE 8.900 TG 8.960, 9.030, 9.130 SL 8.800
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
Malaysia continues to be a significant player in the Islamic fund management industry, accounting for about 25 per cent of Islamic assets under management (AUM) globally as at June 17 this year. The Finance Ministry, in its Economic Report 2014-2015 released today, said on the domestic front, the Islamic AUM accounted for some 16.9 per cent of the industry’s total AUM as of end-June this year. As of end-July this year, the report said the total Net Asset Value (NAV) of Islamic unit trust funds stood at RM45.4 billion and Islamic wholesale funds at RM17.5 billion.
STOCK RECOMMENDATION :
BUY RHB CAPITAL ABOVE 8.900 TG 8.960, 9.030, 9.130 SL 8.800
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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