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


  • [New] Africa-focused Islamic infrastructure finance, particularly Sukuk-backed projects in energy, transport, and agriculture, represents another high-impact opportunity. alhudacibe
  • [New] The year 2026 presents a wide range of strategic opportunities for the Islamic finance industry. / Albania alhudacibe
  • [New] 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
  • [New] 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
  • Balancing economic growth with cultural sensitivity will be critical for maintaining the success of halal tourism in the coming years. Travel And Tour World
  • Evidence standards are rising sharply for reimbursement: the US Centers for Medicare & Medicaid Services and commercial payers increasingly require head-to-head comparisons to standard of care, outcomes-based risk-sharing contracts, and DTx formulary evaluations paralleling pharmaceutical pathways. International Comparative Legal Guides International Business Reports
  • Saudi sukuk, Shariah-compliant debt instruments that function similarly to bonds, with a remaining maturity of up to 15 years, will be eligible for inclusion in the Government Bond Index-Emerging Markets, the most widely tracked benchmark of its kind, with $233 billion in assets tracking it.
  • Jamaat's resurgence has prompted debate over whether Bangladesh is prepared to be led by an Islamist force, which some fear could seek to enforce Sharia law or try to restrict women's rights and freedoms. Al Jazeera
  • Industry indices, like the RIBA Future Workload Index, show workload expectations dipping deeply into negative territory and they will be the first to feel the impact of tightened financing. Usp
  • S&P Global's work has underscored how large the supply response needs to be over the long run, which implies a sustained need for capital, partnership models, and risk-sharing structures that can survive cycles. NetNewsLedger - Your News, Your North - Thunder Bay's V
  • Private Capital Hesitation: India needs climate finance equal to ~6 -7% of GDP annually, but public budgets cover only a small fraction, with limited risk-sharing tools to crowd in private capital. PMF IAS
  • Ayatollah Khamenei issued a jurisprudential fatwa (ruling on a point of Islamic law) prohibiting the production or use of weapons of mass destruction because they pose a threat to humanity. / Iran Next Century Foundation
  • The Saudi government has deftly weaved Islamic finance into its ambitious Vision 2030, opening new doors for growth and international integration. REDmoney Events
  • If Gaza is an Islamic project, then it will be run by asset-based Islamic (Sharia) finance. Technocracy News
  • Saudi Arabia could shape the regulatory direction of Islamic finance. AGBI
  • Saudi Arabia's push to develop more sharia-compliant investment products could attract long-term capital that has struggled to find scalable outlets. AGBI
  • For portfolio strategy, Canada's critical mineral story is now less about individual subsidies and more about system design: public banks, regional infrastructure, risk-sharing instruments and regulatory coordination. Geopolitical Mining

Last updated: 21 May 2026



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