Dubai: Islamic Finance and Wealth Management industry has remained resilient amidst the pandemic according to a study by Alpen Capital (ME) Limited and Alpen Asset Advisors Limited that analyses the impact of the pandemic on the sector.
“Islamic finance and wealth management industry faced the dual shocks of adjusting to the pandemic and historically low oil prices in 2020. While the industry slowed down during the year after experiencing record growth in 2019, it showed resilience and total Islamic finance assets in 2020 are estimated to match the previous year s figures,” said Sameena Ahmad, Managing Director, Alpen Capital (ME) Ltd.
Factors like growing Muslim population seeking Shariah-compliant financial instruments, rising adoption of technology and the industry’s ability to demonstrate a higher level of ethical credibility have been driving growth.
Islamic Finance and Wealth Management industry remains resilient
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Islamic finance, wealth management remain resilient amidst pandemic
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GCC education sector offers new investment avenues: Alpen Capital
DUBAI, 18 days ago The region is seeing high adaptability and scalability in education solutions powered by innovative technological tools amid the pandemic, says Alpen Capital (ME) Limited in its report on the GCC Education Industry for the year 2021. While EdTech has become an indispensable part of the education system in the GCC, new remote learning opportunities are emerging where traditional educational providers partner with digital conveyors. Several foreign colleges and universities, especially from the UK and the US, have started establishing their base across the GCC, encouraging students to pursue higher education and a career within the region. There is also a GCC-wide shift in educational paradigms, emphasising STEM education with focus on technologies such as AI, IoT and robotics. The changing job landscape has evoked the need for a more specialised and dynamic skill set, which has
GCC education segment offers new investment avenues
15 Mar 2021 Picture used for illustrative purpose. Alpen Capital (ME) Limited announced the publication of its report on the GCC Education Industry for the year 2021. The report provides a comprehensive overview of the GCC education sector and outlines the outlook, recent trends, growth drivers and challenges in the sector. It also profiles some of the prominent education companies in the region.
“COVID-19 has caused significant disruption to the GCC education industry but governments and operators have been swift in their response in terms of policies, initiatives, teaching methods and business models to ensure continuity of education. The pandemic has placed integration and utilization of technology within the education system at the forefront and the sector will continue to innovate and evolve. We believe that factors such as an increase in school age population, high disposable incomes, influx