MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Saudi Arabia
SAMA data indicate that 95.4% of the total number of funds, holding 98.1% of total fund
assets were open-ended in 2012Q3. Average assets of open-ended funds stood at US$
103 million in 2012Q3. Average fund assets have remained at about this level since
2000 except for 2005 when average assets spiked to US$ 193 million.
Saudi Arabia Average Fund Assets (Open-Ended Fund Assets / Number of Funds)
(millions of U.S. dollars, end of period, annual data except for 2012Q3 which is quarterly)
200
US$ million
150
100
50
0
1996 2000 2004 2008 2012Q3
Source: Saudi Arabian Monetary Agency
Breakdown by Category - Conventional versus Sharia Compliant
Breakdown by Assets (Jun-2010) Breakdown by Number (Dec-2012)
Conventional,
US$ 3.66 bn, 17%
Conventional, 86,
35.2%
Sharia
Compliant,
US$17.8bn, 83%
Sharia
Compliant, 158,
64.8%
Source: Tadawul