Islamic Finance to See Strong Growth Driven by ESG: Study

Both Islamic Finance and Halal economy are forecast to grow strongly in 2022 Growth in the industry could be further boosted if it was able to offer Shariah and ESG compliant funds globally This research was conducted among leading Islamic Finance professionals working across sectors during February 2022, before the launch of the inaugural Global Connect Forum

Islamic Finance and the wider Halal economy are predicted to witness strong growth in the future boosted by the increase in their adoption of ESG and sustainability, as found in a recent study.

In the research, conducted by Maybank Islamic Berhad, the Islamic banking arm of Maybank Group, and IslamicMarkets.com, a leading platform that provides access to expert knowledge and financial opportunities, to support...