FINANCIAL MARKETS - Sharia mutual fund weakens - Selling agent quality needs improving

JAKARTA: Total of net asset value (NAV) of sharia equity fund fell 8.50% January-September into IDR1.87 trillion as from IDR2.05 trillion last year.

Data of PT Infovesta Utama, the information service and independent research for mutual fund and bonds, show the falling wealth management of sharia equity fund product.