Despite the hurdles posed by the Covid-19 pandemic, which disrupted the market in March 2020, Islamic finance activity has returned as companies and sovereigns looked to raise capital and achieve investor diversification.
Sukuk issuance has remained robust, reaching around US$157.8 billion at the end of 2019. With new markets opening up for GGC (Gulf Cooperation Council) issuers in the form of Formosa bonds and ESG playing a bigger part in sukuk issuance considerations, Islamic finance will continue to evolve and expand post-pandemic.
As part of The Asset’s role in promoting Islamic finance, we are pleased to highlight and honour various deals and institutions in a special virtual awards ceremony this Wednesday, September 25, at 5pm HKT.
To attend the virtual awards ceremony, please contact email@example.com.
To see the full list of winning institutions and deals please go here.