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LIST OF BOXES

Box 2.1: Definition of Investment Fund by AAOIFI................................................................................................... 12 Box 3.1: Scholars’ Opinions on Purification of Shariah Non-Compliant Income ......................................... 46 Box 4.1: Malaysia’s PRS landscape................................................................................................................................... 78 Box 4.2: Evolution of ETFs in Malaysia .......................................................................................................................... 85 Box 4.3: SECP's CMDP (2016-2018)................................................................................................................................ 96 Box 4.4: Allowable Fees under NBFC Regulations 2008 ..................................................................................... 112 Box 4.5: Pakistan’s NFIS (2015-2020) ........................................................................................................................ 116 Box 4.6: Wafa Gestion – Attijari Al Moucharaka Fund ......................................................................................... 130 Box 4.7: The Case of AjarInvest – A REIT in the Making...................................................................................... 133