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The Business & Financial Times on MSN18h

GCC States’ Islamic Banking: A model and standard

By Seade CAESARThe rapid evolution of Islamic banking across the Gulf Cooperation Council (GCC) states comprising Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman has positioned ...
Globally, Islamic-finance assets were estimated to be more than US $ 5 trillion in 2024 and are projected to grow to US $7.5 T by 2028, according to Standard Chartered’s 2025 industry outlook.
With a robust regulatory framework that embraces Islamic banking and finance, the nation witnessed a remarkable 22% surge in Islamic investments from 2010 to 2022.
Khalawi: The non-profit area of Islamic finance represents a huge range of opportunities for sustainability and ESG. If we were to transform the practice of zakat from an individual practice to an ...
The Islamic finance sector has witnessed strong growth, supported by increased banking assets and a fast-developing sukuk industry. As per rating agency Standard & Poor’s, global Islamic finance ...
Islamic finance — a system that prohibits interest, discourages speculation and demands real asset backing — is seeing a global resurgence. And two countries, Türkiye and the UK, believe they ...
Scalable Growth: Providing a foundation for future Islamic finance models, including Murabaha, Ijara, and Musharakah, to create a comprehensive Sharia-compliant financing ecosystem.