Report: What role will the sharia banking segment play in Qatar’s recovery?

Amid the global economic downturn linked to the pandemic, Qatar was able to draw on its strong track record of fiscal surpluses and its robust sovereign credit rating to fund an integrated and effective policy response that alleviated the most severe pressures on vulnerable businesses and households, and maintained economic stability. As the pandemic entered its second calendar year, Qatar emerged as a regional and global leader in the public vaccine rollout, which enabled it to ease restrictions safely and kick-start struggling service industries. With the country well positioned for long-term growth, the sharia banking segment is poised to play a key role in the diversification drive. Aided by enhanced efficiencies created by rapid digitalisation, Islamic banks can capitalise on high-value opportunities in infrastructure funding, mortgage solutions and the financing of Qatar’s green transition.

Click here to download full report

Share

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart

Read Next:

In The Middle East

Jordan moves to lay new tracks

The arrival of the first liquefied natural gas (LNG) shipment from Qatar at Aqaba Port last month signalled a major step forward for Jordan’s energy sector, while also putting the country’s plans...

In Financial Services

Indonesian FinTech start-ups raise stakes for banks

A string of innovative financial products from Indonesian start-ups are circumventing the traditional payment and investment system, helping to broaden financial inclusion and challenging the...

Latest

Indonesian FinTech start-ups raise stakes for banks

A string of innovative financial products from Indonesian start-ups are circumventing the traditional payment and investment system, helping to broaden financial inclusion and challenging the...