Month: October 2026

Malaysia’s Islamic finance industry has passed a landmark figure. Fitch Ratings estimates the industry exceeded US$800 billion at the end of the third quarter of 2026 — a size equal to more than 150% of the country’s gross domestic product — and the agency expects the growth to continue. According to Fitch, Malaysia is set…

The central banks of the United Arab Emirates and Morocco have signed two preliminary agreements to deepen cooperation on banking supervision, Islamic finance, and financial technology. The memoranda of understanding were signed on October 3 in Abu Dhabi by Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Abdellatif Jouahri, Governor…

London’s Islamic finance calendar gets a major addition this month. The AlBaraka Summit takes place on October 13–14, 2026, at the JW Marriott Grosvenor House in London, backed by the Islamic Chamber of Commerce and Development (ICCD) and the Al Baraka Group. The two-day summit brings together Islamic bankers, fintech founders, scholars, and investors to…

Islamic bonds had a standout summer. In the third quarter of 2026, sukuk accounted for 44% of all debt sales in the Gulf — about $18.8 billion — up sharply from just 15% in the second quarter, according to data compiled by Kamco Invest and reported by CIJ.World on October 4. The headline numbers Sukuk…

Tomorrow, October 7, Dubai hosts one of the Islamic finance industry’s most important annual gatherings — the 16th Annual Islamic Finance Conference, organized by the Dubai International Financial Centre (DIFC) together with S&P Global Ratings. The half-day event runs from 8:30am to 1:00pm Gulf time (9:30am–2:00pm Pakistan time) at The Atrium in DIFC’s Gate District,…