Islamic financial institutions – Middle East: Blockchain will reduce cost and support broader adoption of sukuks, a credit positive for Islamic Finance industry
23 Sep 2019|Moody's Investors Service
A new partnership to build the next generation of financial market infrastructure for Islamic capital markets based on blockchain aims to make sukuk more easily accessible and manageable.
Islamic banking – Bangladesh: Legal and regulatory shortfalls, coupled with growing asset risks, will limit growth
30 Sep 2019|Moody's Investors Service
Islamic banking in Bangladesh has ample growth potential, underpinned by a robust domestic economy and an expanding population with a large pool of untapped customers. However, a lack of comprehensive legal and regulatory infrastructure, coupled with deteriorating asset quality, will limit the sector's expansion.
Asset Managers - Gulf Cooperation Council Countries: GCC asset managers benefit from economic diversification, foreign investment
17 Sep 2019|Moody's Investors Service
The asset management industry in the Gulf Cooperation Council (GCC) countries is set to grow steadily over the next decade, helped by the region's increased diversification away from oil.
26 Aug 2019|Moody's Investors Service
We expect total sukuk issuance of around $130 billion in 2019, at the top end of the $120-$130 billion range we projected at the beginning of the year, and up from $123 billion in 2018.