Moody’s expects global long-term gross sovereign Sukuk issuance to reach $75 billion this year, a six per cent increase compared to $71 billion in 2019
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“The Islamic finance industry continues to grow worldwide, but more importantly, it continues to innovate. With the issuance of both green and blockchain-based Sukuk in 2019, It is clear that the Islamic economy will continue to embrace the inevitable technological future that is already transforming banking and finance, as well as recognise the ethical framework on which it is based that can be a beacon for the entire world as the broader financial community finally moves towards sustainable investment and ensuring a positive social and environmental impact,” said William Mullally, Editor, Islamic Business & Finance on the occasion.
CPI Financial was established in Dubai in 1999 to meet the needs of an ever-expanding financial community, offering a comprehensive portfolio of market-leading products and services tailor-made for the banking and financial services sectors.
