Standard Chartered Reports $6T Islamic Finance
The article discusses the growth of the Islamic finance sector, which has reached a global value of approximately $6 trillion. It highlights that only 6% of the invested capital in sukuk (Islamic bonds) is directed towards South Asia and Africa. The report emphasizes that Islamic finance is evolving to become a strategic dimension that connects capital, trade, and investment, driven by shifts in trading patterns, advancements in digital infrastructure, and the support of Saudi Arabia's Vision 2030 to strengthen the financial sector and expand capital markets. It also stresses the importance of effectively directing cross-border liquidity and notes that financial institutions capable of building trustworthy links between capital and markets will be better positioned to support sustainable growth, with greater openness to trade financing and regional and international investment.
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