Select Language:
eng Language Flag chn,chi Language Flag jpn Language Flag

Islamic Finance Attracts Both Islamic Law and Conventional Investors

Islamic Finance

The Islamic finance sector is the largest component of the halal economy. The halal economy comprises industries that conduct themselves in compliance with Shari’ah (Islamic law) requirements and is estimated to have been worth US$4tr in 2015, as published by Reuters Zawya in its annual report of the state of the halal economy. Islamic finance makes up $2tr (50%) of this market, and is expected to grow at a CAGR of 9% to reach $3.5tr in 2021.

This article is a description of the various aspects of Islamic finance, which now attracts both Sharia and conventional investors, and a case study of RMB’s role in Africa Finance Corporation’s issuance of its maiden Sukuk or bond.

Key Points

  • What is Islamic finance?
  • Who should consider Islamic financing?
  • What type of investor considers Islamic financing?
  • Types of structure in Islamic financing

TMI Academy

Included in: Country Focus Series

Price: £30

Payment currency:

Buy 12 months Unlimited access to over 175 Corporate Case Studies for a one-off payment of £129

More info Add to cart

Written by:


Nana Phiri and Ebrahim Moolla

Rand Merchant Bank

This article is available as part of an extensive case studies collection: Country Focus Series

More info »

Add to cart

Corporate Case Studies

Best practice articles written by CFOs and treasurers with real world experiences. Our case studies provide practical insights into the key issues that affect the day-to-day running of a treasury department.

Full List