Our Scans · (FS.1.04) Islamic Banking & Finance · Weekly Summary

• [New] Regarding blended finance, the United States views it as an important risk-sharing mechanism for promoting sustainable development that can help to overcome barriers to inclusion. United States Mission to the United Nations
• [New] Despite growing uncertainty, we expect the Islamic finance industry to grow in 2025. Global Financial Market Review
• [New] The Green Sukuk aligns with Vision 2028 and supports Pakistan's climate goals by offering a Shariah-compliant route to fund renewable energy and water infrastructure. The News International
• The global Islamic finance industry is expected to maintain its steady growth momentum in 2025, supported by financing needs linked to economic diversification efforts. Global Financial Market Review
• A Brookings Institution analysis found that institutional risk-sharing could potentially reduce default rates by 2-3 percentage points by incentivizing colleges to improve student support services, career preparation, and financial counseling. Forbes
• Foster Public-Private Risk Sharing Mechanisms: Governments and the insurance industry should collaborate to establish backstop arrangements for catastrophic risks. TS2 Space
• In 2024, global Islamic finance assets surpassed USD 5 trillion, and are projected to grow to USD 7.5 trillion by 2028. Standard Chartered
• KFH has a significant presence both regionally and globally, linking local markets with global financial opportunities through specialized Islamic finance products. Global Finance Magazine
• Non-interest banking institutions such as Lotus Bank, Jaiz Bank, and TAJ Bank are slated to lead discussions on Islamic finance options for housing development, while mortgage institutions like NMRC, CityCode Mortgage Bank, and Family Homes Funds will present new financing solutions. Leadership News
• As the world grapples with complex economic and developmental challenges, multilateral sukuk offer a beacon of hope - a Sharia-compliant financial instrument with the power to drive meaningful change and build a more prosperous and just world for all. The Halal Times
• Projected to reach US$ 179 billion in transaction volume by 2026, Islamic fintech in Singapore is expanding through platforms like Kapital Boost, which support SMEs with halal-compliant financing. ASEAN Business News
• We believe that Islamic finance will become more accessible to a broader audience in Turkey as a result. hurriyetdailynews.com
• Partnerships with prestigious institutions including Dar al-Ifta (Egypt), Al-Qarawiyyin University (Morocco), and the University of Jordan will create a multidisciplinary curriculum specifically designed for Islamic finance leadership. Maxthon | Privacy Private Browser
• The establishment of SIC, opening in 2028, represents a strategic investment in Islamic finance talent development. Maxthon | Privacy Private Browser
• The Johor-Singapore Special Economic Zone represents a transformative opportunity for Islamic finance expansion. Maxthon | Privacy Private Browser
• The Islamic finance industry is projected to reach $5 trillion by 2025, growing rapidly across banking, sukuk, Takaful, and fintech sectors. alhudacibe
• The UK is a leading Western hub for Islamic finance, with the sector projected to grow from an estimated US$ 7.5 billion in 2024 to US$ 9 billion by 2030. FinExtra
• The partnership between Gatehouse Bank and Algbra will involve creating a new digital account for overseas residents looking to invest in UK property, aiming to deliver an improved customer experience and facilitating greater investment in the UK's growing Islamic finance sector. FinExtra
• Islamic finance is projected to command approximately $6.7 trillion in assets by 2027, reflecting its expanding global presence. UseTheBitcoin
• At the cusp of a new era defined by digital transformation, the integration of blockchain and AI presents a unique opportunity for Islamic finance to further enhance its offerings, expand its reach, and solidify its competitiveness in the global financial arena. The Halal Times
• Islamic finance has seen exponential growth, with assets projected to surpass $4 trillion by 2025. Pakistan & Gulf Economist

Last updated: 11 September 2025