UAE Business: Pandemic sheds light on Shariah-based investments – Gulf Digital News

UAE Business: Pandemic sheds light on Shariah-based investments – Gulf Digital News

The current Covid-19 pandemic and its economic consequences have shed light on new market services that leverage the digital transformation shaping new economic models; gold, in particular, said a new report.



Deloitte’s Islamic Finance Knowledge Center in the Middle East, in collaboration with the International Shariah Research Academy (ISRA), has launched a new industry report, “The Global Gold Investment Markets Traits for Shariah-based investment solutions”.



The report assesses the current state of gold investment markets in core Islamic financial markets and analyzes the key economic and business drivers of gold trade and investment, in particular the Shariah-compliant product offerings, and examines the opportunities that gold as a commodity offers for Shariah-based innovative investment solutions.



“Deloitte Middle East leverages its global capabilities and expertise to offer customized Islamic financial services in a dynamic and changing landscape. For over ten years, our Islamic finance insights series have provided practical market insights and knowledge that can be turned into business opportunities for our clients,” said Khaled Hilmi, Financial Services Industry Leader, Deloitte Middle East.  



Additionally, the Deloitte report examines the Shariah-compliant gold market in seven countries, and the regulatory and policy environment, products offered by various market institutions, and the regional differences in these markets.



The report