OIC remittances rankings; Islamic equity screening

Assalamualaikum,

In our editor’s pick, we list the top ten OIC remittance-recipient countries. As it should, the list has far-reaching implications, with remittances being a financial lifeline for developing economies, but also due to the diaspora's critical role in sustaining household incomes and national economies.

Meanwhile, China has overtaken the West to become the Gulf’s largest trading partner, prompting a call for a geopolitical and economic realignment. The GCC region's debt capital markets are also to remain strong through next year, driven by robust sukuk issuance, favorable funding conditions, and continued government efforts.