77,053 exclusive articles and counting...

Leveraging Islamic Finance to Develop a Sustainable Capital Market

Increasing government efforts position the sector for rapid expansion

Islamic banking in Commonwealth of Independent States (CIS) countries remains underdeveloped, although the region has a large Muslim population. Governments, however, are stepping up efforts to develop the sector by laying out legal and regulatory infrastructure. This will lead to significant expansion of Islamic finance in the coming years, albeit from a very low base, building on the region's demographic and cultural foundation.

Restricted access

Login to continue reading (existing users)

Lost your password?

Register Now for FREE Access

Read the latest Islamic finance related reports from Moody's - a leading provider of Islamic finance credit rating agency content

Register Now