One of the core fundamentals of Shariah finance is creating social benefits and empowering the community and theoretically, this should place Islamic investment right into the larger impact investing landscape. But is this truly the case? Are Islamic finance and impact investing from the same movement? Not quite, as our cover story suggests.
In this issue, we also assess the impact of Oman’s sovereign rating downgrade on its upcoming dollar Sukuk sale while also taking a look at a potential spark in the fledgling Australian Islamic fund industry. Turkey and Takaful are two focus areas in this week’s newsletter which also features a detailed look at one of Malaysia’s largest telco provider’s debut Sukuk deal. We’ve an interesting piece from Sun Life Financial Indonesia exploring the convergence of Waqf and Family Takaful and an exciting piece on Islamic fintech developments from Standard Chartered Saadiq. Also not forgetting updates from our global network of correspondents.
As usual, we wish our readers an insightful and informative read.