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

Emerging Market Trends 2021: Digital Transformation

The onset of the pandemic in 2020 gave rise to global acceleration in the uptake of digital platforms and services. This surge was consolidated in 2021, as it became clear – in emerging and...

In Financial Services

Report: Was Oman's banking sector resilient enough to support...

Oman’s economy was heavily reliant on hydrocarbons when the pandemic began, creating fiscal pressures as demand and prices fell. 

Latest

The Report: Mauritania’s strategies to attract foreign investment

While Mauritania has been hard hit by the Covid-19 crisis, it is charting a course to economic recovery and resilience.