Ethical finance revisited, Qatar’s FDI surge

Pulse of the Global Islamic Economy

Dhu’l-Hijjah 3, 1446 AH

Assalamualaikum,

As discussions around the future of Islamic finance grow louder, a key question emerges: can the sector stay true to its ethical foundations while adapting to a changing global economy? Many argue that to remain relevant, Islamic finance must prioritise collective well-being over corporate expansion and resist the drift toward purely profit-driven models. 

Meanwhile, Qatar recorded a remarkable 110% surge in foreign direct investment (FDI) projects in 2024, reflecting growing investor confidence, driven by strategic reforms, and a diversification push beyond oil and gas. Read our piece to learn more.

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In 2022, foreign direct investment (FDI) inflows to OIC countries reached $135 billion, accounting for 10.5% of global FDI inflows—a decade-high share despite a slight decrease from the previous year.    

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