Browsing: 2024

Saudi Stock Index (TASI) concluded January 2024 at 11,796.63 points, with the total value of traded shares reaching approximately SR 195.94B ($52.2B) through 11.87 million transactions, as reported in the monthly statistical release by the Saudi Tadawul.

A senior Malaysian official, Yazrin Syakhairi, predicted that the global Islamic finance market would reach $4.9T by 2025. Syakhairi, from the Trade Section of the Consulate General of Malaysia in Hong Kong, highlighted the substantial and swift growth of the Islamic finance market, exceeding $2.2T in 2022.