Sukuk Market at a Crossroads: StanChart Stresses Quest for Balance
Khurram Hilal of Standard Chartered highlighted the need for balance in Sukuk standards at Abu Dhabi Finance Week 2025. The global Sukuk market, valued at $1 trillion, faces changes with Shariah Standard 62, requiring full legal ownership transfer. Standard Chartered forecasts Islamic finance assets to reach $7.5 trillion by 2028, driven by corporate demand and market expansion, with significant growth expected in China, the Middle East, and Africa.
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