View to expanding Muslim investor base
The Securities and Exchange Commission (SEC) is aiming to create internationally consistent standards for Islamic mutual funds in order to increase options for investors and expand the Muslim investor base.
To achieve such goals, the Stock Exchange of Thailand (SET) is now conducting a public hearing for Islamic mutual funds to build confidence in investing in such funds, the regulator said in a statement yesterday.
“The SEC recognises the importance of developing Islamic financial markets and Islamic mutual funds in Thailand. Therefore, the SEC has a plan to drive the…
