Page 231 - SC SCAR 2023 ENGLISH Flipbook

PART 6 MARKET STATISTICS
ISLAMIC FUND MANAGEMENT
As at December 2023, Islamic AUM stood at RM226.14 billion, a y-o-y increase of 9.85% from RM205.86 billion as at end 2022 (Chart 4). Total number of Islamic CIS (UTF, WF, PRS, REIT and ETF) amounts to 415 as of December 2023, which includes 28 Islamic SRI funds. Additionally, there were a total of 59 fund management companies overseeing Islamic funds, comprising 24 full-fledged Islamic fund management companies and 35 conventional fund management companies with Islamic windows as at December 2023.
CHART 4
AUM of Islamic fund management
1,200 1,000 800 600
400
2023 2022
975.48
906.46
Fund management industry
FMCs with Islamic windows, 35
Total FMCs managing Islamic funds: 59
Islamic AUM as at December 2023: RM226.14 billion
Note:
AUM is sourced from CIS and private mandates.
Islamic CIS
Islamic ETF, 6
Market capitalisation, RM0.41 billion
Islamic PRS, 37 NAV, RM2.20 billion
Islamic WF, 76 NAV, RM14.78 billion
IFMCs, 24
226.14 205.86 200
0
RM in billion
975.48
226.14 (23.18%)
Total fund management AUM
Islamic AUM
Total fund management industry
Islamic AUM
Fund management industry
41.78
17.93
(42.90%) REIT
Total market capitalisation
499.88
113.11 (22.63%)
Islamic REIT, 5 Market capitalisation, RM17.93 billion
Listed fund
2.21
0.41
(18.55%) ETF
6.45
Islamic market capitalisation
Unlisted fund
77.15
14.78 (19.16%)
Total Islamic CIS: 415
AUM of Islamic CIS: RM148.43 billion
Islamic UTF, 291 NAV, RM113.11 billion
UTF
2.20 (34.11%)
PRS WF
Islamic NAV
Total NAV
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023 229
RM bilion