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Thomson Reuters

Thomson Reuters latest

Why Global Islamic Finance Will Grow At Slow Rate
January 21st, 2020 - 07:39 GMT

Why Global Islamic Finance Will Grow At Slow Rate

The global Islamic finance industry will continue to grow at a comparably slow rate of around 5% in 2019 and 2020 in terms of assets, according to the newly issued “Islamic Finance Outlook 2020” by US-based business intelligence firm S&P Global Ratings. This follows a 10% growth rate in 2017 but only 2%-3% growth in 2018, which was mainly owing to flat sukuk issuances and generally weaker economic conditions in ...
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 North America's shale boom has started to squeeze Saudi oil out of the US market,
October 20th, 2014 - 10:21 GMT

What market share? Saudi oil exports fall to lowest level in three years

A clutch of new non-Muslim countries - Australia, Hong Kong, Philippines and Sri Lanka - join the UK as Islamic finance gains visibility and recognition outside the Muslim world.
August 12th, 2014 - 02:08 GMT

Mass conversion: Faith in Islamic finance booming in non-Muslim economies

 Major global stock markets fell and bond prices ralliedas worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.
July 22nd, 2014 - 03:55 GMT

Poetic justice? Global stocks plunging on Gaza attacks

Al Bawaba
July 16th, 2014 - 02:21 GMT

A blessing or a curse? UAE constitutes majority of the Middle East's debt market

Al Bawaba
July 15th, 2014 - 02:38 GMT

Mergers and acquisitions up 250% in the Middle East in less than three months

Al Bawaba
April 17th, 2014 - 04:07 GMT

Why Qatar stocks hit six year high this week

Thus, halal pharmaceutical products are now poised to be the new frontier for the global halal economy.
February 23rd, 2014 - 01:55 GMT

Halal pharmacies: the next big thing?

Dubai was already an important Islamic finance center, but the Emirate sees the story as larger than one of just banking.
January 7th, 2014 - 03:55 GMT

Islamic finance in 2014: on the verge of a tipping point?

Infrastructure spending in the gulf has risen sharply in recent years. (Image credit: Shutterstock)
December 25th, 2013 - 10:02 GMT

Abu Dhabi sovereign to return even as Gulf bonds are set to surge

Turkish consumers spend $25 billion on Islamic fashion items annually, followed by Iran ($21 billion), Indonesia ($17 billion), Egypt ($16 billion) and Saudi Arabia ($15 billion) (Shutterstock)
November 26th, 2013 - 08:02 GMT

The future of the Islamic fashion industry: sector projected to reach $322 billion by 2018

Muscat is increasingly considered the sukuk market of the future, despite the fact that Oman was the last country in the GCC to issue sukuk (Courtesy of Islamic Financial Times)
November 21st, 2013 - 08:06 GMT

Is Oman the next leader in the sukuk market?

Delegates at a meeting of Amnesty International hold up masks depicting ancient Egyptian Queen Nefertiti wearing a gas mask in protest against the ongoing violence as well as sexual violence against women in Egypt on August 19, 2013. [ Getty Images]
November 15th, 2013 - 04:15 GMT

Poll: Egypt the worst Arab country for women

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