UAE Second in Islamic Finance Share
According to Fitch Agency reports, the Islamic finance market in the UAE ranks second worldwide with a 31% share, following Saudi Arabia, with financing volumes amounting to $216 billion and an annual growth rate of 14%. The UAE continues to strengthen its position as a major hub for this sector, participating in key deals such as financing for Masdar and other companies, demonstrating the country's ongoing presence and significant role in the global Islamic finance market. The report also predicts that the sector will continue to grow moderately through the second half of 2026, with Gulf institutions favoring syndicated financings due to advantages such as faster execution and longer tenors.
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