How is the development of Islamic fund management in Malaysia?
I believe the Shariah fund management industry is still at an early growth stage. This is reflected by the ETF that we launched, which is the first Shariah ETF in Asia. There have been many ETFs launched in Asia but this is the first Shariah ETF. It just shows how much potential there is for growth in Shariah compliant investment. The industry still has a long way to go and there will be developments along the way in terms of what is Shariah or is not Shariah. Eventually, if it meets the requirements of Shariah investors or investors seeking to invest in Shariah instruments, and is in line with Shariah principles, I think that is all that matters. From our perspective as a service provider, we want to focus on services that meet the requirements of Shariah investors. As long as our product specifications meet their requirements and Shariah principles, I feel that is fine with us. I think Islamic asset management should enjoy above-average growth relative to conventional asset managemen
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