The $2.2 trillion Islamic finance industry is forecast to grow by 10% in 2022-23 (Shutterstock).

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Islamic finance sector slated for 10% growth in 2022-23; Indonesia and Islamic Development Bank ink $150 m loan for highway; Egypt delays sukuk issuance; Mobiquity releases global digital Islamic banking prototype.

 

Islamic finance sector slated for 10% growth in 2022-23

The $2.2 trillion Islamic finance industry is forecast to grow by 10% in 2022-23, following similar growth in total assets in 2021, according to a S&P Global Ratings report.

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Islamic finance
Islamic Banks