Winner: HSBC Amanah
HSBC Amanah continues to be the leading Islamic fund manager, with about $4 billion in assets under management. The group holds the funds in 24 different mutual funds in several different geographies including the GCC countries, Egypt, Lebanon, Malaysia, Indonesia, Brunei and the UK. Hong Kong was also added to this list in December 2007 with the launch of the first Islamic investment fund.