Islamic finance market

Sustainable issuances in the Gulf, particularly sukuk, are expected to gain prominence due to the upcoming UN climate change conference, or COP28, according to Fitch Ratings. Bashar Al-Natoor, global head of Islamic finance and managing…
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Representatives from the Islamic financial services industry are expected to deliberate on competency development and risk management practices at the 42nd council meeting of its apex body held in Riyadh on Monday and Tuesday. The event,…
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The Islamic finance industry is forecast to grow in 2023-2024 thanks to Saudi Arabia’s strong banking system, according to a new report from S&P Global Ratings. The US-based agency expects around 10 percent growth across the industry…
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