Qatar to Increase Islamic Investment Products in Aims for Country to Become a Global Sukuk Hub

February 14, 2022 | Updated at February 14, 2022

The Qatar Stock Exchange (QSE) aims to introduce more Islamic investment products as the country aims to become a global Sukuk hub on the back of government facilitation of initiatives, the spread of Islamic banking products and the increase in education about such products, according to Rashid Ali Al-Mansoori, Board Member and Former Chief Executive Officer (CEO) of the QSE.

Why it Matters?

Plans for the establishment of an Environmental, Social and Governance (ESG) index are in progress with the assistance of Morgan Stanley Capital Investment (MSCI) and are expected soon for roll out. With regards to Exchange Traded Funds (ETFs), QSE provided an update that they already have two ETFs and are in the final stages of listing a gold-based ETF.