Bahrain’s Islamic banking industry set to top USD 100 billion by 2027, predicts Fitch
Sukuk growth and rising Islamic banking penetration are outpacing conventional finance, even as the Kingdom’s banks face only limited fallout from the Iran war...
Tag : Islamic Finance
Malaysia’s Islamic financial ecosystem remains resilient amid volatile gepolitics
Fitch expects a resilient debt capital market that will continue to expand as envisioned in Malaysia's local Capital Market Master Plan (2026 to 2030)...
Nasdaq Dubai expands with TAEF, UAE Finance Ministry Sukuk listings
Nasdaq Dubai currently hosts over USD 98.6 billion in outstanding Sukuk listings and over USD 141 billion in outstanding debt securities...
20th IsDB Global Forum: Industry discusses Islamic finance and sustainable prosperity
The event also saw the launch of a new report titled "Islamic Finance in Azerbaijan: Breaking New Ground", jointly produced by IsDBI and ITFC...
Islamic Development Bank approves USD 746.2 million loan for Uganda’s railway project
Uganda is raising funds for the 2.7-billion-euro project, which has already won backing from lenders including the World Bank and the African Development Bank...
KFH Capital: Leading MENA’s green sukuk and digital innovation efforts
Between 2024 and 2025, KFH Capital played active roles across six sustainable transactions in Kuwait, Qatar, and the UAE, totalling USD 3.8 billion...
Shariah-compliant stablecoin PUSD to be deployed at ADI Chain
PUSD holds approximately USD 2.3 billion in circulating supply. Each token is backed 1:1 by reserves held in Saudi riyals and UAE dirhams...
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
Turkey to merge its state-owned Islamic banks, announces Erdogan
Ziraat Katilim, Vakıf Katilim, and Halk Katilim banks would be consolidated, with the goal of creating "significant synergy" in the Islamic financial sector...
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...