With the view of filling the research gap measuring the pulse of the Islamic funds market, CIBAFI is pleased to issue its Special Report on the Global Islamic Funds: Trends, Challenges, and Opportunities. This report presents a unique perspective of Islamic financial institutions (IFIs) on the industry and aims to present a point of reference for the industry to understand the Islamic funds market, its current practices, and key opportunities, as well as the main challenges that may impede its growth.