+6221–3503142 secretariat@cisfed.org
Download is available until [expire_date]
  • Version [version]
  • Download 128
  • File Size 215.55 KB
  • File Count 1
  • Create Date February 24, 2015
  • Last Updated February 24, 2015

The market trends of Islamic investment funds in Indonesia

By Farouk Abdullah Alwyni

The Islamic investment (portfolio) funds, known in Indonesian terms as Reksadana Syariah, started in 2003. Reksadana generally consists of Shariah compliant shares, Sukuk, and Shariah compliant deposits and/or Islamic
money market instruments. Over the last 10 years, the share of Islamic investment funds as compared to total funds has increased steadily to 4.9% in 2013 from 0.1% in 2003, as shown in Table 1.