IslamicFinance.de

The Shariah-compliant sector has grown to $1.6 trillion in assets over the past three decades, which attracts Muslim and non-Muslim financiers from around the globe who noticed the growing investor pool. Several countries have already made forays into the sector, like the UK and several African nations. It’s generally understood that money will be used to finance projects that are socially responsible. That way, even if someone purchased a sovereign sukuk, they know the money will be spent on activities that promote social good. However, many companies don’t understand how to access some of the Shariah-compliant capital, how to structure sukuk or how it affects costs.