S&P expects new issuers to tap the Islamic finance market in 2026 to diversify their investor base and secure more competitive pricing than conventional bonds...
Dr. Mohamed Damak stated that S&P expects the Islamic Finance sector to grow at a high single-digit rate through 2024 and 2025, fuelled by financing needs in key countries...
The aforementioned will make it possible to forecast the future of Islamic Finance and direct it in a way that will support its goals of social sustainability and development...
Islamic finance aligns with specific customer values like the belief that money does not inherently have value but is a means to exchange products and services...
To expand industrial and green financing projects, participants also emphasized the importance of creating cooperation agreements with organizations that support and oversee sukuk...