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

• The importance of studying halal tourism in Indonesian setting lies in its potential for economic growth and the need to meet the demands of Muslim travelers. SpringerLink
• Global sukuk issuance is forecasted to approach $190 billion to $200 billion in 2025, driven by monetary easing and substantial financing needs in core Islamic finance countries. Arabian Post
• Digital solutions based on Islamic finance principles are in demand not only in Muslim countries, offering Kazakhstan an opportunity to export its fintech innovations. The Astana Times
• With regulatory support, increasing diversity among issuers, and growing investor appetite, the UAE's new strategy could cement its role as a global leader in Islamic finance and halal trade over the coming decade. Gulf News: Latest UAE news, Dubai news, Business, trave
• Halal tourism is expected to make Zanzibar the leading tourist destination in East Africa, where all groups of people will enjoy their holidays. eTurboNews | eTN
• With 50% of Iraqi banks operating on Islamic principles and remarkable growth - from 200 billion dinars to a trillion dinars over the past six years - we see immense potential for collaboration in Islamic finance. The News International
• S&P Global's findings align with a separate analysis released by Moody's in September, which projected that the profitability of Islamic banks in the GCC will remain strong over the next 12 to 18 months. Global Financial Market Review
• The world will be watching as Doha once again takes center stage in shaping the future of Islamic finance in the digital age. The Halal Times
• The 11th Islamic Finance Conference in Doha promises to be a landmark event, providing a crucial platform for exploring the transformative potential of blockchain and AI within the Islamic finance sector. The Halal Times
• Countries in the Middle East - such as the UAE, Qatar, and Saudi Arabia - may find promising opportunities in Islamic finance. FinExtra
• The Islamic Finance Conference in Doha will dedicate significant attention to the development of Shariah-compliant value-based investment platforms within the context of blockchain and AI integration. The Halal Times
• The ethical considerations are paramount in Islamic finance, and the Islamic Finance Conference in Doha will also address the Shariah rulings about the management of smart Waqf systems powered by blockchain and AI. The Halal Times
• The Islamic finance industry is projected to grow globally in 2024-2025 with total assets likely to witness single-digit growth driven by economic diversification efforts. ArabNews
• As the halal industry flourishes globally and continues to have greater salience, many countries are affected by its presence and use it as an opportunity to stimulate economic growth. Springer Nature Singapore
• The increasing participation of Islamic banks and financial institutions presents a strategic opportunity for Middle Eastern nations to play a larger role in Africa's energy transition. Energy Capital & Power
• In a note, the rating agency expects demand for Islamic finance to remain robust in 2025, supported by sustained economic momentum and ambitious development agendas in core Islamic markets. BusinessToday
• Demand for Islamic finance will continue to rise as strong economic activity in the Gulf Cooperation Council and Southeast Asia is supported by diversification agendas, investment inflows and population growth. BusinessToday
• The AFC's Murabaha financing comes at a time when global Islamic finance is experiencing sustained growth, with assets expected to see high single-digit expansion through 2025. Energy Capital & Power
• The issuance volume for 2025 is expected to range between $10 billion and $12 billion, depending on the pace of regulatory action and the commitment of core Islamic finance countries to implementing net-zero policies. IslamiCity
• The International Finance Corporation (IFC) and Deutsche Bank have announced a risk-sharing facility of up to €215 mn targeting importers and exporters of essential goods in Africa. Global Trade Review (GTR)
• Islamic banking has played a pivotal role in creating employment opportunities for the 120 million individuals in Bangladesh. Asian Banking & Finance

Last updated: 26 June 2025