Islamic financing has developed from a niche business into a thriving global franchise. More dealers are coming in in the hope of tapping a market that participants estimate to be worth $300 billion globally and growing by 15% a year. But while many banks have strengthened their teams in this area, only a handful demonstrate true innovation in products and techniques. The most impressive for Asia Risk this year was HSBC, which wins the inaugural Islamic products house of the year award.
The week on Risk.net, December 9–15 2017Receive this by email