Welcome to Shaping Tomorrow

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


  • [New] 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
  • [New] With careful audits and analysis, the Islamic Finance Institute lessens the occurrence of risk and enhances financial stability. AIMS Education
  • [New] Islamic banking and finance lack a unified global standard, which could lead to inconsistency in practices and products. AIMS Education
  • [New] Azerbaijan is building open finance infrastructure that will accommodate Islamic products. Fimple
  • [New] 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
  • [New] 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
  • The Maldives' Islamic banking ecosystem, led by institutions such as Maldives Islamic Bank, creates opportunities for Sharia-compliant digital financial products that align with domestic consumer preferences and broader regional trends across Muslim-majority markets. The Fintech Times
  • Africa-focused Islamic infrastructure finance, particularly Sukuk-backed projects in energy, transport, and agriculture, represents another high-impact opportunity. alhudacibe
  • The year 2026 presents a wide range of strategic opportunities for the Islamic finance industry. / Albania alhudacibe
  • Looking ahead to 2026, new African entrants are expected to include Ethiopia, Ghana, Uganda, and Somalia or Somaliland, reflecting rising demand for Shariah-compliant financial services and broader financial inclusion objectives. alhudacibe
  • There remains uncertainty about how draft sharia standard No. 62, proposed by the Accounting and Auditing Organization for Islamic Financial Institutions, will impact banks. The Banker

Last updated: 11 June 2026



Please stand by...

The magic is happening, but it might take a couple of minutes.

Login