MAMI Manages Sharia Mutual Funds Nearly 12 Percent
By : Wiyanto Dan Aldo Bella Putra | Thursday, August 23 2018 - 21:30 IWST

MAMI (Foto Dok Industry.co.id)
INDUSTRY.co.id - Serang - PT Manulife Asset Management Indonesia (MAMI) claims to be the largest in the field of Islamic mutual funds. Of MAMI's total managed funds of Rp67 trillion, 11-12 percent came from Islamic mutual funds.
"Sharia is the largest Islamic product management. Is it big enough, not because it is compared to the population. Sharia penetration is still low, we are promoting sharia," said
Legowo Kusumonegoro, President Director of MAMI in Serang, Banten, Thursday (08/23/2018).
Currently MAMI, he said, manages three Islamic mutual funds. Two of them are stock-type Islamic mutual funds, namely Manulife Syariah Sektoral Amanah (MSSA) and Manulife Syariah Asia Pacific US Dollar Shares (MANSYAF), as well as one sukuk sharia mutual fund, namely Manulife Syariah Sukuk Indonesia (MSSI).
Furthermore, he said, the MSSA mutual funds offered since 2009 had managed funds of Rp 337.67 billion as of the end of July 2018. During the same period, MANSYAF, which had a diversified portfolio in eight countries and was launched on February 15, 2016, has managed funds of USD 451.81 million.
While MSSI, which offers ease of investment with only a minimum fund of Rp 10 thousand and was only launched in May last year, has managed funds of Rp 597.12 billion.
"We educate the public, including elementary school children so that sustenance from God through their parents must be grateful, can save, invest and spend," he said.
Read Also
ABB Applauded by Frost & Sullivan for its Market-Leading Position…
Igloo closes US$36M Pre-Series C fundraise with 50% valuation increase
President Jokowi Pushes for Greater Role of CFSS Amidst Rapid Global…
President Jokowi: Budget Allocation Must be Well-Targeted
Increased by 156%, The value of Chinese investment in Indonesia Will…
Today's Industry

Senin, 11 Desember 2023 - 12:22 WIB
President Jokowi Receives 2023 Audit Reports from BPK
President Joko “Jokowi” Widodo Friday (12/08) at the Merdeka Palace, Jakarta, received the Summary of Audit Reports for the first semester of 2023 from Chairperson of the Audit Board of…

Senin, 11 Desember 2023 - 12:13 WIB
The general election to not disrupt the investment climate in Indonesia
Singapore, Entering the political year in Indonesia in 2024, the Ministry of Investment/Investment Coordinating Board (BKPM) organized an Investment Forum, Friday (8/12), in Singapore, focusing…

Senin, 11 Desember 2023 - 12:07 WIB
Sinar Mas Land, Janji Jiwa, and Frank & Co. are among the Winners of the 2023 - 2024 World Branding Awards
The 17th edition of the World Branding Awards honoured the success and achievements of some of the World’s Best Brands as National, Regional, and Global Winners. The 2023 - 2024 World Branding…

Senin, 11 Desember 2023 - 11:57 WIB
Boosting Business Acumen: Chicago Booth’s Executive Education Program in Finance Workshop for Non-Financial Leaders–Available in Hong Kong and Chicago
Chicago - The University of Chicago Booth School of Business introduces The Chicago Booth Approach to Finance Workshop (CBAFW), a transformative program designed for managers without accounting…

Senin, 11 Desember 2023 - 11:52 WIB
ASEAN Community Vision 2045 Should Be Fit-For-Purpose and Transformative
The 2nd ASEAN Policy Dialogue (APD) was convened at the ASEAN Secretariat in Jakarta (6/12). The 1.5 track diplomacy involved both government and nongovernment entities from Foreign Policy Strategic/Planning…
News Comment