Islamic Finance

Islamic finance is one of the fastest-growing segments in the global financial industry. It gained significant prominence after the 2008 financial crisis, simply because Islamic banks were more resilient than conventional peers. With the COVID-19 pandemic likely to affect the global economy in a number of ways, demand for Islamic finance products looks set to continue to rise as more investors call for increased transparency and ethical decision making from their financial institutions.

With a presence in over 80 countries, Islamic finance has not only become systemically important in Islamic countries such as those of the GCC, Malaysia and Indonesia, but has also gained prominence in non-Islamic countries and global economies such as the UK and the US.