Posted on December 17, 2019

Qatar Financial Centre's annual Islamic Finance report, produced in partnership with Refinitiv, has been published. 

Entitled ‘Unlocking Cross-Border Opportunities’, the annual report comes as part of a series of research the QFC publishes on trending topics in the financial sector, with this year's edition revealing key insights into the Islamic Finance industry in Qatar and beyond. Kindly find a glimpse into the key insights as well as a link to the full report below:

  • Islamic Finance as an industry is large and growing, having reached a global valuation of USD $2.4 trillion, with Qatar positioning itself as a Gulf nexus point between Malaysia and Turkey in this space
  • Qatar's Islamic Finance industry continues to expand, and is growing at a compound annual growth rate (CAGR) of 8% since 2015 to reach USD $129 billion in H1 of 2019, which accounts for one third of all financial system assets in the country   
  • Qatar's innovative Islamic financial products are highly attractive to international markets, including the Al Rayan Qatar ETF and the QINVEST SQN Income Fund, which are in high demand and are also driving further product development

click here to view the report