Standard Chartered Reports Projected 36% Growth in Global Islamic Finance Assets by 2028

Maruti Suzuki partners with Standard Chartered Bank for Dealer Financing solutions

Maruti Suzuki India Ltd. (MSIL) has signed an MoU with Standard Chartered Bank to provide inventory funding solutions, supporting over 4,000 sales outlets nationwide with enhanced working capital options. The MoU was signed in the presence of Mr. Partho Banerjee, Senior Executive Officer —Marketing & Sales, Mr. Nobutaka Suzuki, Senior Executive Officer — Marketing & Sales, Mr. Vishal Sharma, Vice-President — Maruti Suzuki Finance & Driving Schoo…

Standard Chartered Reports Projected 36% Growth in Global Islamic Finance Assets by 2028

Standard Chartered Reports Projected 36% Growth in Global Islamic Finance Assets by 2028 (IN BRIEF) Standard Chartered has released a new report, Islamic Banking for Financial Institutions: Unlocking Growth Amidst Global Shifts, forecasting that global Islamic finance assets will grow to USD7.5 trillion by 2028. The report reveals significant growth in Islamic finance, with Islamic banking alone expected to increase from USD4 trillion in 2024 to…

StanChart Forecasts Islamic Finance Asset Size by 2028

London-based Standard Chartered has released a report forecasting the growth of Islamic finance and insights from clients in the market. Islamic finance assets will reach $7.5 trillion by 20288, according to a Standard Chartered report entitled «Islamic banking for financial institutions», up from $5.5 trillion in 2024, marking an annual growth rate of 12 percent. Islamic banking accounts for over 70 percent of this amount with assets projected …