Islamic Finance

SECTOR COMMENT

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.

SECTOR IN-DEPTH

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.

SECTOR IN-DEPTH

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.

SECTOR IN-DEPTH

Cross-Sector - Sukuk market continues to grow - H1 2019 Update

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.