IslamicFinance.de

Ellina Badri & Racheal Lee Mei Nyee reported on 16 February that BNP Paribas Islamic targets USD 500 mn assets this year.

Angelia Chin-Sharpe is BNP Paribas Investment Partners Malaysia and Brunei country head. Chin-Sharpe said that its current global assets under management and advisory for the Islamic business division stood at USD 500 mn. It intended to grow this to USD 2.5 bn in the next two years and is keen to work with takaful companies to provide them with investment solutions. Further BNP is planning an ETF.