Shariah

Story

Islamic insurers' strong profitability might not continue throughout 2021, says S&P report

Islamic insurers' strong profitability might not continue throughout 2021, says S&P report

A new report from S&P Global Ratings says that unlike in the corporate sector, where the pandemic led to widespread downgrades in 2020, credit ratings on Islamic (Takaful) and conventional insurers in the Gulf Cooperative Council (GCC) have remained broadly stable over the past 18 months, supported by relatively strong capital buffers. 

Story

SEDCO Capital awarded highest ratings in UN PRI Assessment Report 2020

SEDCO Capital awarded highest ratings in UN PRI Assessment Report 2020

SEDCO Capital, a global Shariah-compliant asset manager, has received the highest possible rating by the United Nations-supported Principles for Responsible Investment (PRI) in recognition of the Firm’s approach to responsible investing and integration of environmental, social and governance (ESG) factors into its investment solutions.