Latest Banking Articles
The rise of Sharia finance, and in particular the growing popularity of sukuk bonds issued by sovereign entities, has been a well documented story, but to what extent has Islamic finance been embraced by corporates in Muslim countries?
Islamic finance has attracted growing interest since the 2008 global financial crisis, which shook well- known financial institutions and the housing markets of major developed economies. New asset classes have been developed to broaden its appeal.
The Islamic insurance industry (takaful) has long offered latent promise for the industry overall. However, its players are rapidly approaching a tipping point where they need to act or risk being swallowed up by the players from the conventional insurance sector.
Companies across both the financial services sector and those in other industries are increasingly building out their regulatory compliance capabilities, through centralised, digital platforms that enable them to streamline their reporting practices.