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Islamic finance to grow at slower pace in 2020-21: S&P

The global Islamic finance industry will show at best stable total assets or low-single-digit growth in 2020-2021 after strong performance in 2019 underpinned by a more dynamic sukuk market, said S&P Global Ratings in a new report. This follows 6.6% growth in 2019 thanks to good performance in the GCC,…

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