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S&P: Islamic Finance to Witness Mild Recovery in 2021
June 16th, 2020 - 10:30 GMT

S&P: Islamic Finance to Witness Mild Recovery in 2021

Global Islamic finance industry will return to slow growth in 2020-2021 after a strong performance in 2019 underpinned by a more dynamic Sukuk market, S&P Global Ratings has said in a report released on Monday. “The significant slowdown of core Islamic finance economies in 2020, because of measures implemented by various governments to contain the COVID-19 pandemic and the expected mild recovery in 2021, explain our expectations,” the report said ...
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