Islamic Finance
Islamic Finance is an important part of global capital markets in view of the rising demand in the Middle East and Asia.  The sector seeks to encourage investment and financing that conforms with the ethical and moral principles of the Islamic faith.

    02 Dec 2019|Moody's Investors Service
    On 20 November, Dubai-based Islamic fintech start-up Wethaq announced that it had issued the first pilot Sukuk on its securities market infrastructure under the supervision of the Dubai Financial Services Authority .These developments will drive standardization and cost efficiency and growth in the sukuk market, which will support the profitability of Islamic banks, a credit positive.

    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.

    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.

    Nitish Bhojnagarwala
    Senior Credit Officer, Financial Institutions
    Henry MacNevin
    Associate Managing Director, Financial Institutions
    Faisal Hijazi
    Commercial Group
    Scott Phillips
    Regional Management