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Follow on Google News | FAAIF Participates in World Islamic Funds Conference in Manama, BahrainThe World Islamic Funds Conference was held in Bahrain on May 18-19, 2015.
By: FAAIF Limited Hot spots for global Islamic investment funds include Luxembourg and the Cayman Islands, with Luxembourg offering 3.5% of the total of Islamic funds and the Cayman Islands with 5.5% of the total Islamic funds offering. In fact 12 % of the total of Islamic funds are available in Luxembourg, Dublin, and the Cayman Islands. In terms of distributing investment products, international fund managers offer offshore funds in the Middle East by using Bahrain, the UAE, and Qatar as distribution platforms. Bahrain is a good platform for investors in the Middle East and Africa to source foreign funds. The Islamic asset management industry is also growing at a rapid pace in the Asia-Pacific region including Malaysia, Brunei, Singapore, Japan, South Korea, China, and Indonesia. According to Noripah Kamso, author of Investing in Islamic Funds, A Practitioner’ FAAIF Limited is a legal and management consultancy firm servicing clients in the legal, Islamic banking, finance, takaful, and the halal industry. FAAIF Events is an events production and management company http://www.faaif.com. Contact: Camille Paldi, CEO FAAIF Limited Dubai, UAE +971 (0)56 950 0562 camille@faaif.com http://www.faaif.com End
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