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As of 2014 there were 943 Islamic mutual funds worldwide and as of May 2015, they held $53.2 billion of assets under management. [220] Malaysia and Saudi Arabia dominate the sector with about 69% of total assets under management. [220]
[2] Islamic economics is a broad field, related to the more specific subset of Islamic commercial jurisprudence (Arabic: فقه المعاملات, fiqh al-mu'āmalāt). It is also an ideology of economics similar to the labour theory of value, which is "labour-based exchange and exchange-based labour".
As of 2015, $2.004 trillion in assets were being managed in a Sharia-compliant manner according to the State of the Global Islamic Economy Report. Of these $342 billion were sukuk . The market for Islamic Sukuk bonds in that year was made up of 2,354 sukuk issues, [ 89 ] and had become strong enough that several non-Muslim majority states ...
Maqasid (Arabic: مقاصد, lit. ' goals ' or ' purposes ') or maqāṣid al-sharīʿa (goals or objectives of sharia) is an Islamic legal doctrine.Together with another related classical doctrine, maṣlaḥa (lit.