Qatar’s Islamic economics sector well positioned for expansion in 2022

2022-07-21 03:52:11

(MENAFN) The year 2022 is situated for expansion for Qatar’s Islamic economics institutions as the economy grows in the approach to the FIFA World Cup 2022.

Qatar’s Islamic economics area is well positioned to deal with any persistent issues as shown by Oxford Business Group (OBG) report.

The report mentioned that “Looking ahead, the eyes of the world are on Qatar as it gears up for the 2022 FIFA World Cup late in the year, and many businesses and individuals are exploring opportunities in the market. Qatar’s Islamic banks, takaful (Islamic insurance) providers, sukuk (Islamic bond) issuers and sharia-compliant asset managers are confident that the year will see robust growth as economic recovery gathers pace.”

It also mentioned that the year seems ready for additional expansion and development for Qatar’s Islamic finance institutions as the economy grows in the approach to the 2022 FIFA World Cup, which was a main motivation of economic and insurance through the last 10 years.

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