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

• [New] Achieving India's ambition of becoming a USD 44 billion space economy would require predictable regulations, stronger demand generation, risk-sharing mechanisms, deeper industry-academia partnerships and access to long-term growth capital. ETGovernment
• [New] The EIB should remain Europe's center of due diligence, project assessment and credit discipline but new EU-level risk-sharing tools must provide the guarantees and first-loss capital that the EIB cannot. Tony Blair Institute
• The Ministry of Foreign Affairs will continue to leverage economic diplomacy to mobilize resources and develop a comprehensive Halal ecosystem. / Vietnam VietnamTourist.com
• The global Muslim population is projected to rise from 2.22 billion to 2.57 billion by 2036, reinforcing long-term demand for halal tourism services. Travel And Tour World
• With growing internet access, improved certifications, and rising acceptance globally, halal tourism is expected to soon become mainstream. HalalExplore
• Texas Republicans have established stopping Sharia law as a legislative priority for 2027. Texas Scorecard
• Outlook to 2030: Across regions, digitization, regulatory harmonization, and cross-border collaboration will continue to unlock new growth in Islamic banking, Sukuk, Takaful, and Shariah-compliant investments-making Islamic finance an increasingly integral part of the global financial system. LinkedIn
• Islamic finance assets have been forecast to reach more than US$ 2.6 trillion this year, with Islamic banks and Sukuk comprising, respectively, US$ 2 trillion and US$ 400 billion. Policy Center
• With careful audits and analysis, the Islamic Finance Institute lessens the occurrence of risk and enhances financial stability. AIMS Education
• Islamic banking and finance lack a unified global standard, which could lead to inconsistency in practices and products. AIMS Education
• Azerbaijan is building open finance infrastructure that will accommodate Islamic products. Fimple
• With 36 million people and an Islamic finance framework still in development, Uzbekistan represents perhaps the most significant longer-term opportunity in the CIS. Fimple
• Islamic Banking and Finance has been a hope for the purified financial system around the globe and is being considered as the best option to address the damages of interest based system in financial industry. alhudacibe
• Islamic banking in Bangladesh has strong potential to become a leading model of ethical, inclusive, and development-oriented finance. The Daily Star
• S&P expects Islamic finance growth to recover gradually in 2027 if geopolitical tensions ease and global trade and energy flows normalise. Khaleej Times
• Discussions around Islamic finance in Kazakhstan have shifted from theoretical potential to practical implementation, including capital growth, investment attraction, Islamic banking, Islamic leasing and debt instruments. The Astana Times
• Financial markets going global have boosted digital banking, creating a higher demand for Islamic finance worldwide. Velmie

Last updated: 20 August 2026