In many countries, government relief packages amid the coronavirus pandemic should help to soften the near-term effect for Islamic banks, says Bashar Al-Natoor from Fitch Ratings.
The Malaysian government supports halal. This is a key advantage to benefit from the billion dollar growth market. In a few weeks, the world’s largest Halal show Mihas brings together manufacturers and buyers.
Islamic banking remains a niche for Germany, says economist Matthias Casper. The situation in Great Britain looks completely different.