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Islamic Fund Management

36

Figure 2.10: Efforts to Create a Positive Environment for SRI in Malaysia

Sources: Soo (2017), ISRA

Global sustainable investment assets have shown an impressive growth. According to the

Global Sustainable Investment Review (2016), the global sustainable investment assets

increased about 25% from USD18.28 trillion in 2014 to USD22.89 trillion in 2016, as shown in

Table 2.6.

Table 2.6: Growth of SRI Assets by Region 2014-2016 (USD billion)

Region

2014

2016

Europe

10,775

12,040

United States

6,572

8,723

Canada

729

1,086

Australia/New Zealand

148

516

Asia ex-Japan

45

52

Japan

7

474

Total

18,276

22,890

Source: GSIA (2016)

The growth of SRI assets relative to their professionally managed assets has been noted in

almost all regions, with Australia and New Zealand showing the highest rise as depicted in

Table 2.7 .