Why sukuk issuance is likely to drive Islamic finance growth

Sukuk issuance is expected to maintain its position as a major growth driver for the Islamic finance industry after seeing record-breaking issuances over the past year, according to new research.

Alpen Capital (ME) Limited and Alpen Asset Advisors Limited said in a report that while the industry slowed during the year after experiencing record growth in 2019, it showed resilience amid the ongoing global coronavirus pandemic.

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