After a successful 2017, the Islamic finance sector looks set to encounter significant challenges this year. Those flourishing have mastered the ability of finding growth opportunities in new markets despite this uncertain landscape
Best Islamic Private Bank, Syndicated Deal of the year, UAE Deal of the Year, and Musharkah Deal of the Year.
While Abu Dhabi Commercial Bank is mainly focused on conventional trade, its Islamic trade flows have increased in the last two to three years, and, as a result, its Islamic trade products.
According to the Moody’s top official, Islamic banking penetration in the Gulf Cooperation Council increased to 45 per cent of the total banking market, as of September 2017 from 31 per cent in 2008.