IslamicFinance.de

Malaysian fund manager i-VCAP Management has launched Southeast Asia’s first fully Sharia-compliant ETF, which will track equities in markets including Malaysia, Indonesia, Thailand, Singapore and the Philippines. Malaysia is arguably the planet's top market for Islamic and Sharia-compliant products, with an estimated US$135 billion or so in such assets. The MyETF MSCI SEA Islamic Dividend ETF is i-VCAP Management's third ETF, following the launch of two other similarly-themed Sharia-compliant ETFs.