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ESG sukuk, Madinah & Makkah real estate, Uzbekistan's agreements
Salaam Gateway
April 01, 2024
Pulse of the Global Islamic Economy
22 Ramadan, 1445 AH
Assalamualaikum (peace be upon you),
As the holy month of Ramadan draws to a close, we pray for peace for all, and especially those in Gaza.
In this edition, we feature ESG Sukuk expert insights from Bashar Al-Natoor, global head of Islamic finance at Fitch Ratings.
Meanwhile, wealthy Muslims are prepared to spend a substantial amount on real estate in the holy cities of Makkah and Madinah, reflecting strong demand.
Also, check stories on halal hotels, latest IsDB projects, and weekly newswraps.
Big story this week:
ESG sukuk growth requires government initiatives, supportive regulations, increased awareness and adequate market infrastructure
Impact Intell
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Featured stories:
Muslim high net worth individuals are prepared to spend on real estate
Shariah-compliant hotels in Indonesia are being put to the test
In other news:
Public Islamic funds held more than $111 billion in assets under management at the end of 2023
The two projects focus on socio-economic development and sustainability
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