Episode 65 – What’s Really Holding Islamic Finance Back?

Why does Islamic finance still struggle with standardisation, accessibility, and product credibility?In this episode, we speak with Ijlal Alvi, CEO of International Islamic Financial Market (IIFM) about what’s really holding the industry back. We talked on topics from the overuse of tawarruq and the lack of unified Shariah standards, to why retail sukuk remain out of reach. We also cover IIFM’s mission, milestones, and the future of Islamic capital markets.Latest IIFM sukuk report-https://www.iifm.net/sukuk-reports🕒 Timestamps: 00:00 – Introduction to Islamic Finance and Guest Background 06:16 – Early Exposure to Islamic Finance 11:59 – Role and Mandate of IIFM 15:08 – Achievements of IIFM 18:00 – Challenges of Harmonisation in Islamic Finance 23:31 – Importance of Standardisation in Islamic Finance 26:18 – Critiques of Islamic Finance Instruments 26:58 – Challenges in Islamic Finance Assets 29:18 – Critiques of Islamic Finance Practices 31:20 – Liquidity Issues in Islamic Finance 32:56 – The Need for Islamic Financial Benchmarks 34:03 – Sukuk Market Trends and Developments 40:11 – Impact of Geopolitical Factors on Sukuk 44:24 – Sharia Standard 62 and Its Implications 47:37 – Emerging Technologies in Sukuk Issuance 49:15 – Retail Sukuk and Accessibility 51:03 – Future Projects and Developments in Islamic Finance📲 Follow Majlis & Markets: 📺 YouTube: https://www.youtube.com/@MajlisMarketsPod 📱 Instagram: https://www.instagram.com/majlismarkets/ 🐦 X/Twitter: https://x.com/MajlisMarkets 💼 LinkedIn: https://lnkd.in/eXKNRVcF 📩 Email: [email protected]🎧 Listen on Spotify, Apple Podcasts, Audible — or stream via RSS: https://majlisandmarkets.buzzsprout.com#IslamicFinance #IIFM #Tawarruq #RetailSukuk #ShariahCompliance #HalalInvesting #FaithBasedFinance #Sukuk #IjlalAlvi #MajlisAndMarkets