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A distinction is made between investment funds, generally involving multiple investors and investing in multiple businesses, and funds of a corporate structure, whereby multiple investors could invest in one business or one company, or a holding company could invest in multiple businesses. 1 Among these structures, one was included in the analysis as an interesting example clearly targeting the agricultural sector in East Africa. The agricultural investment funds were also compared with microfinance investment funds and other investment funds in developing countries. Microfinance investment funds, in particular, have experienced very high growth in recent years and can shed light on. | 11 Ernst You NG Quality In Everything We Do THE ISLAMIC FUNDS INVESTMENTS REPORT iniĩl - THE WORLD ISLAMIC FUNDS CONFERENCE nV I jL JJ_ulVl tjjjlj_nai ự 11 n l J THE WORLD ISLAMIC FINANCIAL MARKETS CONFERENCE Á Cả ixVI 3 - I _ J J- AJ _yJl Dear Finance Investment Leader It is with great pleasure that we present to you the 5th annual edition of the Ernst Young Islamic Funds and Investments Report IFIR 2011 a ground-breaking original research project developed in collaboration with leading global professional services organization Ernst Young. Given the recent growth and momentum achieved by the global Islamic funds and investments industry in the post-crisis landscape it is essential today more than ever that the strong foundations prepared for the industry are now utilized to build critical mass and international scale for the industry. The Ernst Young Islamic Funds and Investments Report has over the past 5 years established itself as critical reference resource for the key decision makers in the global Shari ah compliant funds and investments industry. Exclusively launched on-site at a special plenary session of the 7th Annual World Islamic Funds and Financial Markets Conference WIFFMC 2011 IFIR 2011 with a principal focus on achieving growth in challenging times will analyze the key trends shaping the industry and will map out future strategic directions that the industry leaders will have to adopt to probe the emerging landscape of opportunities. We would like to express our sincere gratitude to Ernst Young and their Islamic Financial Services Group for investing their considerable talent and resources in developing the Ernst Young Islamic Funds and Investments Report. We hope that the analysis in this year s Report will provide practical constructive and valuable insights which will be useful in your own strategic planning activities and will assist your organization in its quest for success as the global Islamic funds and investments industry enters the next