S&P Global Inc. is a leading American provider of financial information, analytics, and credit ratings, headquartered in New York City. With a history dating back to the late 19th century, S&P Global operates through several major divisions, including S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices, S&P Global Commodity Insights, and S&P Global Mobility. The company delivers essential intelligence, data, and benchmarks that power global markets and support decision-making for corporations, financial institutions, governments, and investors worldwide.

S&P Global is renowned for its credit ratings and market benchmarks, such as the S&P 500, and is a key source of market indices and analytics used across the financial sector. Its offerings are deeply embedded in customer workflows, helping manage risk, uncover opportunities, and drive market progress.

In the field of Islamic finance, S&P Global plays a pivotal role through its research, ratings, and index solutions tailored to Shariah-compliant markets. The company provides in-depth analysis of trends in Islamic banking and sukuk (Islamic bonds), and its indices, such as the S&P Global BMI Shariah, offer comprehensive benchmarks for Shariah-compliant equities across global markets. S&P Global Ratings closely monitors the growth and resilience of the Islamic finance sector, reporting that the industry saw a 10.6% asset increase in 2024, with total sukuk outstanding surpassing $1 trillion for the first time. The company anticipates continued growth in Islamic finance, particularly in the Gulf Cooperation Council (GCC) countries and Asia, and is actively engaged in analyzing the impact of regulatory developments and sustainable finance trends on the industry.

S&P Global’s expertise and products support the expansion and integration of Islamic finance within the global financial system, making it a trusted partner for market participants seeking Shariah-compliant investment solutions and insights.

Mohammed Damak
Sector Lead Financial Institutions & Global Head of Islamic Finance
mohamed.damak@spglobal.com
+97143727153