Philippines’ contribution in ASEAN’s Islamic finance market remains small, says Fitch
As per the Fitch, Islamic banking assets in the Philippines amounted to just USD 44 million as of end-2025...
Tag : Islamic Finance
Oman’s Islamic banking reorients itself to financing “Vision 2040” tasks
As per Hussain al Lawati, CEO of the Development Bank, Islamic finance in Oman has transformed from a late entrant into a substantial component of the Sultanate’s banking system...
Uganda to take sukuk route for financing railway project
Export credit agencies are expected to provide 60% of the project financing, while development finance institutions would contribute the remaining 25%...
Islamic finance to witness growth slowdown in 2026, says S&P Global
As per the S&P Global, the Islamic finance industry is undergoing a high degree of unpredictability regarding the duration and scope of the Iran war...
Sukuk issuance rises by 13.1% in GCC, Saudi Arabia leads the show
The Middle East witnessed a significant 13.1% hike in its Sukuk issuance, driven by strong local-currency borrowing in Saudi Arabia...
DFSA pitches enhancements to Dubai’s Islamic finance mechanism
DFSA proposes several updates, including clearer guidance on when authorised firms are required to obtain Islamic finance endorsements...
Senegal launches FDMI fund to scale up microfinance sector
According to Abdou Diaw, head of the FDMI, the fund will mobilize Sharia-compliant resources and channel them toward Senegal's SME sector...
Islamic syndicated financing rises amid Iran war, says Fitch
As per Fitch, Islamic syndications now make up half of all the syndication issuance in the Gulf region...
S&P Global Ratings sees sukuk issuance dip tied to Middle East conflict
As per S&P Global Ratings, total issuance reached USD 62.4 billion in Q1 2026, compared with USD 52.6 billion seen in the similar period in 2025...
Malaysia’s Islamic finance landscape remains resilient: AIBIM
As per AIBIM, Islamic finance players in Malaysia are also advancing value-based intermediation to deliver sustainable and inclusive outcomes...