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From Niche to Mainstream: Why Islamic Finance Is Critical to the UAE’s Future Development

Summary by World News
Islamic finance is no longer a regional curiosity; it is becoming part of the structural foundation of global financial systems. Once confined to a handful of markets and perceived as serving a niche clientele, Islamic banking was often seen as parallel to, rather than integrated with, the global financial mainstream. This shift reflects a growing recognition of its ethical foundations, structural resilience, and alignment with evolving global e…

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On Thursday in Rabat, the Wali de Bank Al-Maghrib (BAM), Abdellatif Jouahri, called for enhanced international cooperation to further develop Islamic finance. "The challenges facing Islamic finance call for enhanced international cooperation, while respecting global standards as well as the specificities of each country," said Mr. Jouahri, during ... Cet article Finance Islamique : Abdellatif Jouahri pour une coopération internationale reinforce…

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World News broke the news in United States on Thursday, July 3, 2025.
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