The Islamic financial market would benefit from Iranian sanction lifting. In this CMTV, Standard & Poor discuss the impact of agreement between the P5+1 countries and Iran on its economy and the Sharia compliant finance industry. »
The Sukuk market is likely to receive a much-needed boost as Iran, home to the world’s biggest Islamic banking sector, with assets estimated at $482 billion, and the fourth largest crude oil reserves returns to the world capital markets. »
Often overlooked within Islamic finance is the establishment of national interest free banking systems in Iran and Sudan as well as in Pakistan. »