With oil and gas prices currently experiencing a sustained low, the Sultanate’s economy has been facing some challenging times. Declines in GDP and a shrinking of government revenues and expenditures have also affected the banking sector, as consumers and businesses act more cautiously and the need for project financing dwindles. Yet the...
Cheaper credit and signs of long-awaited movement in Mongolia’s mining industry are fuelling hopes of a rebound in the country’s banking sector.
Malaysia’s insurance and takaful, or Islamic insurance, segment has recorded consistent growth in recent years. In 2015 total assets of the insurance and takaful industry expanded by 5.6% to RM264bn ($65.3bn). Within the life insurance and family takaful segment, the growth of takaful contributions has been notable, accounting for...
Growing faster than conventional insurance lines, Malaysia’s takaful, or Islamic insurance, industry recorded a positive performance in 2015. In addition, the industry is expected to expand further in 2016. The central bank, Bank Negara Malaysia (BNM), has been taking steps to actively promote the takaful segment. Although volatility in...
There is no denying that the Islamic capital market is increasingly attracting global attention as an alternative means of raising capital and investing, as the array of sharia-compliant products continues to expand, offering high-quality and financially efficient structures in the international market. New products and innovative solutions...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×