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S&P all set to host annual Islamic finance conference

Tribune News Network
S&P Global Ratings is to host two virtual panel discussions around COVID-19’s overall impact on the Islamic Finance sector and GCC ratings, respectively. The online event will feature a number of leaders from the Islamic financial services industry, in addition to senior S&P Global Ratings analysts.
On September 22, panelists will share their outlook for the sector for 2020-2021. The conference will also feature in-depth discussion of the impact of COVID-19 on the Islamic Finance industry, and an exploration of transformational development opportunities.
In the second series on September 29, S&P Global Ratings senior analysts will discuss the outlook for the GCC sovereign, financial, corporate and insurance ratings.
The event is being supported by the Global Islamic Economic Summit (GIES) series, thus elevating the Islamic principles as they play a growing significance in today’s global business environment.
Very recently, S&P Global Ratings has been awarded the ‘GIFA Championship Award (Islamic Financial Ratings)’ by Global Islamic Finance Awards 2020 (GIFA), for the third year in a row. The common denominator of these awards is S&P Global Ratings longstanding commitment to keep pace with market innovation in Islamic finance and provide robust and independent credit analysis to the investors and the market on Islamic institutions and sukuk ratings.
This year’s virtual conference will highlight how several Islamic finance instruments, including green sukuk, social instruments, and higher digitalization and fintech collaboration can be used to support recovery efforts post COVID-19 in core Islamic countries. The event will also discuss ways in which the industry can put Islamic Finance more prominently on ESG investors’ radar.