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Sri Lankan Islamic finance industry to advance from small footprint: Fitch
Sri Lanka has one of the highest Islamic finance penetration rates among countries with Muslim-minority populations.
By Biz Editor
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Fitch Ratings: Fitch Ratings expects Sri Lanka's Islamic finance industry to grow over the medium term, supported by regulatory progress, rising political will, and expanding conventional-bank participation through Islamic windows. Sri Lanka's Islamic finance industry exceeded USD1 billion at end-1H26.
What this story is about
Organisations
- Securities and Exchange Commission of Sri
- Bank Islam Malaysia Berhad
- Islamic Development Bank
- Colombo Stock Exchange
- Amana Bank PLC
- IB Growth Fund
Places
- United States2
- Sri Lanka2
Keywords
- footprint2
- industry2
- advance2
- finance2
- lankan2
- fitch2
- small2
- penetration
- minority
- ratings
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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