DUBAI: The growth in shariah-compliant bond issuance this year could be hurt by complications arising from the UAE’s recent adoption of tighter Islamic finance standards, according to S&P Global Ratings. Sukuk issuance will be between $140 billion and $155 billion in 2021 after $139.8 billion were sold last year, Mohamed Damak, global head of Islamic finance at the rating
Hejaz Financial Services is seeking a banking licence as it builds a vertically integrated wealth shop for Australia’s growing and under-banked Muslim community.