We bring you insightful conversations with leaders in Islamic and global markets. 🌐💬 Join us as we explore the landscape of Islamic finance, delve into Middle Eastern and global financial markets as well as enter the realms of venture capital and much more! Email us: [email protected] Follow Majlis & Markets on LinkedIn-https://lnkd.in/eXKNRVcF Follow Majlis & Markets on Instagram-https://www.instagram.com/majlismarkets/
…
continue reading
Hassan Jivraj Podcasts

1
🎙️ EP. 75—What’s Next for GCC Bonds & Sukuk?
59:59
59:59
Play later
Play later
Lists
Like
Liked
59:59In our 75th episode, we’re joined once again by Abdul Kadir Hussain, Head of Fixed Income Asset Management at Arqaam Capital, to unpack the transformation reshaping GCC bonds and sukuk. From Saudi Arabia’s Vision 2030-driven borrowing and UAE corporate issuance, to Kuwait’s market comeback and the future of AAOIFI sukuk standards, we explore how th…
…
continue reading

1
🎙️ EP. 74 — Is Kuwait Falling Behind the Gulf?
55:28
55:28
Play later
Play later
Lists
Like
Liked
55:28In this episode, we welcome back Issam Altawari to unpack Kuwait’s political and economic crossroads. We explore Kuwait’s unique political dynamics, the challenges of reform and the country’s efforts to diversify beyond oil. From parliamentary deadlock to infrastructure and tourism projects, citizenship issues, and the role of the sovereign wealth …
…
continue reading

1
🎙️ EP. 73 — How Saudi Arabia Is Betting on AI
41:53
41:53
Play later
Play later
Lists
Like
Liked
41:53In this episode, Hassan Jivraj speaks with George Huang, CEO of SenseTime MEA and a key player in Saudi Arabia’s AI ecosystem. They discuss George’s journey into AI, the role of SenseTime in the Middle East, and how AI fits into Saudi Arabia’s Vision 2030. The conversation explores the opportunities and challenges facing the Kingdom, the importance…
…
continue reading

1
🎙️ EP. 72 —Trump Cards: EM Debt, Tariffs & the Dollar
51:10
51:10
Play later
Play later
Lists
Like
Liked
51:10We’re joined once again by Beth Morrissey of Kleiman International Consultants to unpack Trump’s tariffs, dollar dominance, and the latest wave of EM debt restructurings. Why is EM unique, and what can history teach us about today’s turbulence? We also dive into her new book, Emerging Economies and Financial Markets-A Career-Tested Approach to Anal…
…
continue reading

1
🎙️ EP. 71 — What Nobody Tells You About Halal Investing
1:08:55
1:08:55
Play later
Play later
Lists
Like
Liked
1:08:55Are your stocks really halal? In this episode, we sit down with Saad Malik, co-founder of Zoya, to unpack the realities of halal investing. From stock screening and Shariah standards to Islamic ETFs, fintech, and the future of the Islamic economy, this conversation explores the opportunities — and challenges — facing Muslim investors today. 🌐 Zoya:…
…
continue reading

1
🎙️ EP. 70 — Inside the Gulf’s Political Economy and Diversification
59:30
59:30
Play later
Play later
Lists
Like
Liked
59:30In this episode, we sit down with Robert Mogielnicki, Senior Resident Scholar at the Arab Gulf States Institute in Washington (AGSIW), to unpack the political and economic forces shaping the Gulf. We discuss the region’s economic diversification journey, the influence of political dynamics on decision-making, and the role of international capital, …
…
continue reading

1
🎙️ EP. 69 — After Reform: Can Uzbekistan Keep Momentum?
57:27
57:27
Play later
Play later
Lists
Like
Liked
57:27In this episode, we reconnect with Odilbek Isakov, Managing Partner at Infrasia Capital and former Deputy Minister of Finance of Uzbekistan. Since launching market reforms in 2017, Uzbekistan has opened up to foreign investors, embraced privatisation and begun reshaping its banking and financial landscape. But can the momentum last? In this episode…
…
continue reading

1
Episode 68-What Sovereign Wealth Funds Are Really Doing in 2025?
42:41
42:41
Play later
Play later
Lists
Like
Liked
42:41Sovereign Wealth Funds are quietly reshaping global finance, deploying trillions, navigating geopolitical tensions, and investing across everything from oil and AI to ESG and infrastructure. But what are they really doing in 2025? In this episode, Diego Lopez of Global SWF shares what’s happening behind the scenes, from the Gulf and Southeast Asia …
…
continue reading

1
Episode 67-The Islamic Economy: How to Build Global Muslim Brands
1:07:29
1:07:29
Play later
Play later
Lists
Like
Liked
1:07:29In this episode, we interview Rafi-uddin Shikoh, CEO and founder of DinarStandard, about his journey in the Islamic economy sector. We discuss Rafi-uddin's background, the impact of 9/11 on his career, and the inception of DinarStandard. The conversation explores the current state of the Islamic economy, the challenges and opportunities within Isla…
…
continue reading

1
Episode 66-Trade War 2.0? BRICS on the Brink in 2H25
57:43
57:43
Play later
Play later
Lists
Like
Liked
57:43In this episode, we speak with geo-economics analyst Rachel Ziemba about trade policy shifts, BRICS fractures, China’s trade outlook, de-dollarization, and what investors should watch in the second half of 2025. 🔗 More from Rachel Ziemba: Website → https://ziembainsights.com Summer reading → https://rziemba.substack.com/p/summer-reading-weaponized-…
…
continue reading

1
Episode 65 – What’s Really Holding Islamic Finance Back?
52:09
52:09
Play later
Play later
Lists
Like
Liked
52:09Why 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…
…
continue reading

1
Episode 64-Boom, Bubble or Hedge? Making Sense of Alts
38:42
38:42
Play later
Play later
Lists
Like
Liked
38:42In episode 64, we're joined by Dr. Ryan Lemand, Co-Founder & CEO of NeoVision Wealth Management and a prominent voice in global finance. They dive into the world of alternative assets, from gold and crypto to meme stocks, and unpack how regulation, social media, and investor psychology are reshaping markets. Ryan explains why Bitcoin behaves more l…
…
continue reading

1
Episode 63-Is MENA the Next Silicon Valley?
25:07
25:07
Play later
Play later
Lists
Like
Liked
25:07In this episode, we spoke to Said Murad, a Dubai-based Senior Partner at Global Ventures. The conversation explores the growth of the MENA startup ecosystem, investment opportunities, challenges faced by founders, and the impact of global economic conditions on the region. The episode covered several topics including: The importance of talent acqui…
…
continue reading

1
Episode 62-Why Islamic Finance Isn’t Driving Impact
54:06
54:06
Play later
Play later
Lists
Like
Liked
54:06🎙 Episode 62 – Why Islamic Finance Isn’t Driving Impact We welcome back Reza Zain Jaufeerally to explore why Islamic finance is falling short on climate action, development goals, and real-world impact—and what must change. This wide-ranging conversation touches on everything from AI and sustainability to grassroots initiatives, cultural challenges…
…
continue reading

1
Episode 61-What Do Shariah Scholars Do?
1:01:58
1:01:58
Play later
Play later
Lists
Like
Liked
1:01:58In our 61st episode, we spoke to Datuk Prof. Dr Mohamad Akram Laldin. He is a Professor at INCEIF University and a globally respected Shariah scholar. He was formerly Executive Director of ISRA and has advised central banks and financial institutions across Malaysia, the GCC, and Central Asia. He currently serves on the Shariah Advisory Council of …
…
continue reading

1
Episode 60-Has Islamic Finance Lost Its Way?
1:04:01
1:04:01
Play later
Play later
Lists
Like
Liked
1:04:01In our 60th episode, we spoke to Ryan Calder. Ryan is an assistant professor of sociology and director of the Program in Islamic Studies at Johns Hopkins University. He studies fast-changing global markets where money and morality intersect. His first book, The Paradox of Islamic Finance (Princeton University Press 2024), draws on over 280 intervie…
…
continue reading

1
Ep 59-Is Journalism Broken? Moniify, Media Shifts and the Road Ahead
59:23
59:23
Play later
Play later
Lists
Like
Liked
59:23In our 59th episode, we spoke to Paromita Dey. She is a wealth management journalist with over 14 years of experience covering private banking, asset management, and investment trends across the Middle East and India. Her work has appeared in top publications including Citywire, AsianInvestor, and Business Today. Known for turning complex finance i…
…
continue reading

1
Episode 58-Fund Focus: The GCC Investment Boom
33:23
33:23
Play later
Play later
Lists
Like
Liked
33:23In this episode, we’re joined by Dounia Mansour, a Dubai-based partner at King & Spalding. She advises on setting up a wide range of investment funds—from private equity and real estate to Shariah-compliant structures. We covered several topics including The funds landscape in the Middle East The rise of Shariah-compliant funds Why the UAE—is becom…
…
continue reading

1
Episode 57-Counting the cost: Inside Syria's economy
1:47:07
1:47:07
Play later
Play later
Lists
Like
Liked
1:47:07December 8 2024 will forever be a turning point in Syria’s modern history. The fall of Bashar Al-Assad’s regime brings new risks, challenges, and opportunities. But how did we get here? In this episode, we break down Syria’s economy under Assad, from pre-2011 through the 14-year civil war, and explore the economic challenges ahead. Joining us is Ji…
…
continue reading

1
Episode 56-Gulf Currents: Bahrain in a Changing Gulf
1:06:00
1:06:00
Play later
Play later
Lists
Like
Liked
1:06:00Bahrain’s economy is often overshadowed by its larger Gulf neighbours, but it plays a crucial role in the region’s financial landscape In episode 56, we spoke to Duncan Mayall, Chief Economist at Consulum. He has over 15 years experience advising sovereign wealth funds and investment bodies across the Gulf, North Africa, and China. In this episode,…
…
continue reading

1
Episode 55-Decrypting MENA’s Crypto Surge
1:08:48
1:08:48
Play later
Play later
Lists
Like
Liked
1:08:48In episode 55, we’re joined by Alex Chehade, a finance and crypto veteran with over two decades of experience. His experience includes market-making in traditional finance to leading Binance FZE in Dubai. As the Middle East cements its status as a global crypto hub, Alex is focused on bridging the gap between traditional finance and DeFi—making dig…
…
continue reading

1
Episode 54-The Gold Standard: Power, Policy & Markets
51:37
51:37
Play later
Play later
Lists
Like
Liked
51:37In our 54th episode, we’re joined by Andrew Naylor, Head of Middle East and Public Policy at the World Gold Council. We discuss gold’s role in global markets, its significance in Islamic finance, and what the future holds for this precious metal. We covered several topics including: The drivers behind the recent gold price rally Gold's role in Isla…
…
continue reading

1
Episode 53-Saudi Unscripted: Content, Change & Growth
47:42
47:42
Play later
Play later
Lists
Like
Liked
47:42In our 53rd episode, we're joined by Yasmin AlKhowaiter, host of The Majlis, a podcast where she talks to global thought leaders about Saudi Arabia’s economic transformation. With a background in consulting, Yasmin has worked with both private and public sector clients—giving her a unique perspective on the region’s rapid evolution. In this episode…
…
continue reading

1
Episode 52-Profit with Purpose: Halal Investing
45:50
45:50
Play later
Play later
Lists
Like
Liked
45:50Monem Salam, Director and Portfolio Manager at Saturna Capital. With years of experience in Islamic investing, he’s been is a leading voice in the industry. In this episode, we explore: The evolution of Islamic finance The latest investment trends Where the industry is headed next Please note that this discussion is for informational purposes only …
…
continue reading

1
Episode 51-The Venture Shift: MENA’s Next Big Moves
39:51
39:51
Play later
Play later
Lists
Like
Liked
39:51In our 51st episode, we’re joined by Philip Bahoshy, founder and CEO of MAGNiTT, the leading start-up data platform for emerging venture markets. In our conversation, we covered several topics including: The region’s VC ecosystem—its challenges, opportunities How MAGNiTT is bridging gaps with data and insights Philip's outlook for 2025 MAGNiTT's fi…
…
continue reading

1
Episode 50: Tackling Liquidity in Islamic Finance
54:45
54:45
Play later
Play later
Lists
Like
Liked
54:45In our 50th episode, we spoke to Mohamad Safri, CEO of the International Islamic Liquidity Management Corporation (IILM). With nearly 30 years in banking and over 20 as a leader in Islamic finance, Safri has been instrumental in shaping the global Islamic capital market. In our conversation, we covered topics including: The liquidity challenges Isl…
…
continue reading

1
Episode 49-Setting the Standard: AAOIFI's Impact on Islamic Finance
1:09:40
1:09:40
Play later
Play later
Lists
Like
Liked
1:09:40In this exclusive episode, we’re joined by Omar Ansari, Secretary General of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)—the global standard-setter for Islamic finance. In this depth conversation, we covered several topics including: AAOIFI’s role in shaping the industry Why standardisation and implementation ar…
…
continue reading

1
Episode 48-The Alt Shift: The Rise of Alternative Assets
47:39
47:39
Play later
Play later
Lists
Like
Liked
47:39Alternative assets like gold, cryptocurrency, and private credit have gained momentum in recent years, driven by the COVID-19 pandemic, the Ukraine war, and uncertainty around interest rates. These investments have become key as investors seek stability and higher returns. With President Trump 2.0 preparing to take office and new uncertainties on t…
…
continue reading

1
Episode 47-Islamic Finance Decoded: Growth and Gaps
1:01:40
1:01:40
Play later
Play later
Lists
Like
Liked
1:01:40This year, Islamic finance has made significant strides, with sukuk issuances reaching record highs and the market expanding into green and sustainable finance. With the industry on track to hit $6 trillion by 2027, its growth is undeniable. However, challenges persist. Rising compliance costs, the push for harmonisation, and the introduction of AA…
…
continue reading

1
Episode 46-Building Markets: The GCC IPO Surge
51:20
51:20
Play later
Play later
Lists
Like
Liked
51:20In recent years, the IPO market in the GCC has been on fire. Driven by government initiatives and a push to expand regional equity markets, the region has seen a surge in IPO activity. Saudi Arabia is expecting over 50 IPOs in 2024, while the UAE has led the way in IPO proceeds, especially in 2023. But what’s behind this rise? What challenges do c…
…
continue reading

1
Episode 45-Faith and Friction: The UK’s Islamic Banking Story
1:05:26
1:05:26
Play later
Play later
Lists
Like
Liked
1:05:26The UK is the leading hub for Islamic finance in the West. The London Stock Exchange holds 35% of the US dollar sukuk market, and English law governs most sukuk worldwide. But domestically, the industry is small. By the end of 2023, Islamic banks made up just 0.1% of UK banking assets, according to Fitch. In our 45th episode, we spoke to Mohammed P…
…
continue reading

1
Episode 44-Bonding Over Green: The GCC’s ESG Shift
32:56
32:56
Play later
Play later
Lists
Like
Liked
32:56Sustainability and ESG are now key priorities in the GCC, with green bonds, sustainable loans, and major projects like Masdar City and NEOM driving change. But, are banks and institutions doing enough? And how does the GCC compare globally? In our 44th episode, we spoke to Daniel Gribbin, Deloitte Middle East’s Sustainability and ESG Lead. With ove…
…
continue reading

1
Episode 43-Banking on Belief: Islamic Finance in Canada
43:32
43:32
Play later
Play later
Lists
Like
Liked
43:32With Muslims now making up nearly 5% of the population, demand for Shariah-compliant financial services is growing in Canada. Yet, the sector remains small and underdeveloped. To unpack the challenges and opportunities, we spoke with Mohamad Sawwaf, Founder and CEO of Manzil, Canada’s leading Islamic FinTech firm. With a Doctorate in Islamic Financ…
…
continue reading

1
Episode 42-Emirates of Influence: The UAE’s Rise in Global Markets
1:16:30
1:16:30
Play later
Play later
Lists
Like
Liked
1:16:30The United Arab Emirates (or UAE), once known mainly for its oil, now drives growth across finance, trade, and technology. Dubai stands out as a global hub for finance and tourism, while Abu Dhabi channels its wealth into high-tech industries and global investments. Meanwhile, other emirates, like Sharjah and Ras Al Khaimah, are developing their ow…
…
continue reading

1
Episode 41-Malaysia’s Future: Balancing Growth and Giants
42:40
42:40
Play later
Play later
Lists
Like
Liked
42:40In the last decade, Malaysia has experienced dramatic shifts— from the 1MDB scandal that shook the nation, to its rise as an economic player, all while balancing relationships with global powers like the US and China. To help us unpack these complex dynamics, we’re joined by Nick Khaw, economist and Head of Research at Khazanah Nasional, Malaysia’s…
…
continue reading

1
Episode 40-Kingdom Capital: Shaping Saudi’s Economic Future
43:11
43:11
Play later
Play later
Lists
Like
Liked
43:11Since Crown Prince Mohammed bin Salman launched Vision 2030 in 2016, Saudi Arabia has undergone major changes. The kingdom is opening up its society and reshaping its economy by investing in industries like mining and tourism. In particular, the financial sector, is driving much of this progress and attracting global attention. In our 40th episode,…
…
continue reading

1
Episode 39-Fuelling the Future: The Middle East’s Energy Shift
37:21
37:21
Play later
Play later
Lists
Like
Liked
37:21Natural resources are central to Middle Eastern economies. While climate change and green financing are on the rise, oil and gas still dominate, shaping economies and global markets. At the same time, Gulf nations are exploring new energy options to meet their climate goals. In our 39th episode, we’re joined by Carole Nakhle, founder and CEO of Cry…
…
continue reading

1
Episode 38-Venture Into Iraq: Start-Ups on the Rise
37:01
37:01
Play later
Play later
Lists
Like
Liked
37:01After years of instability, Iraq’s political and security situation is improving, opening up new opportunities for economic growth. With a young, tech-savvy population, many are starting businesses in areas like fintech and e-commerce. The potential is there, but challenges like funding, infrastructure, and regulations still slow things down. Our g…
…
continue reading

1
Episode 37-Banking on Faith: Australia’s First Islamic Bank
36:39
36:39
Play later
Play later
Lists
Like
Liked
36:39Islamic finance is gaining traction in Australia. With over 813,000 Muslims—about 3.2% of the population—there's an increasing demand for financial services that align with their faith. However, Islamic finance still makes up a small part of the banking sector, with limited options from major banks and a few non-bank providers. Change is on the hor…
…
continue reading

1
Episode 36-Crypto Currents: Fintech and Digital Assets in the Gulf
37:41
37:41
Play later
Play later
Lists
Like
Liked
37:41The digitalisation of finance is reshaping the industry, with new asset classes like cryptocurrency gaining traction. Dubai and the UAE have become key hubs for fintech and crypto, driven by new frameworks and initiatives to attract firms and talent. Saudi Arabia and Qatar are also enhancing their regulatory systems. But what are the benefits and c…
…
continue reading

1
Episode 35-Egypt’s Fintech Focus: Growth and Challenges
38:36
38:36
Play later
Play later
Lists
Like
Liked
38:36Egypt is quickly becoming a major tech and fintech hub in MENA and Africa. With over 100 million people, many of them young and tech-savvy, and a strategic location connecting continents, the country is set for impressive growth. But the path forward isn’t without its challenges. These include regulatory hurdles, market fragmentation, and infrastru…
…
continue reading

1
Episode 34-Feeling the Heat: Gulf States and Climate Shifts
53:40
53:40
Play later
Play later
Lists
Like
Liked
53:40Across the MENA region, environmental challenges are rising, but the six Gulf Arab states—Saudi Arabia, the UAE, Kuwait, Oman, Qatar, and Bahrain—are feeling the impact the most. With economies built on oil and gas, they’re now on the frontlines of climate change. COP28 in Dubai last year called for urgent action, but what are Gulf countries actual…
…
continue reading

1
Episode 33-Islamic Finance: Kazakhstan's Next Frontier
40:03
40:03
Play later
Play later
Lists
Like
Liked
40:03Since 2009, Kazakhstan has been integrating Islamic finance into its economy to attract foreign investment and diversify its financial sector. Leading this effort is the Astana International Financial Centre, or AIFC, which aims to make Kazakhstan a financial bridge between East and West. With its strategic location and a growing Muslim population,…
…
continue reading

1
Episode 32-Building Trends: UAE & Saudi Real Estate Insights
52:18
52:18
Play later
Play later
Lists
Like
Liked
52:18Dubai's real estate has surged in the past decade, driven by its strategic location and luxury demand. Abu Dhabi is advancing, and even smaller emirates like Ras Al Khaimah are attracting attention with new projects. Saudi Arabia is the major focus, with Vision 2030 transforming the real estate landscape through NEOM’s futuristic cities and ambitio…
…
continue reading

1
Episode 31-Pyramids of Pressure: Egypt's Economic Balance
57:53
57:53
Play later
Play later
Lists
Like
Liked
57:53Egypt's economy is under intense pressure, with a currency crisis, soaring debt, rampant inflation, and a struggling private sector. But a major UAE investment in February 2024 and a recent IMF bailout offers hope. Plus, Egypt’s entry into BRICS in 2023 hints at a shift eastward. In our 31st episode, we spoke to Beth Morrissey, managing partner and…
…
continue reading

1
Episode 30- Inside the Gulf bonds bonanza
45:38
45:38
Play later
Play later
Lists
Like
Liked
45:38According to Fitch, the GCC debt capital market has soared to nearly $1 trillion. In 1H24, GCC primary debt issuance reached $75.5bn compared to $54.8bn in the same period last year, representing a 38% increase, according to Markaz, a Kuwait-based financial institution. In the first five months of 2024, emerging market dollar debt issuance—excludin…
…
continue reading

1
Episode 29-Exploring the GCC Private Credit Boom
51:48
51:48
Play later
Play later
Lists
Like
Liked
51:48According to the IMF, private credit assets grew to $2.1 trillion globally in 2023. With banks less willing to lend to riskier firms in the US and Europe, private credit has stepped in as a key lender. In the GCC, private credit activity has surged, with financial institutions setting up new funds and financing transactions. Examples include Mubada…
…
continue reading

1
Episode 28-MENA VC Insights: Saudi surge and regional trends
38:51
38:51
Play later
Play later
Lists
Like
Liked
38:51The Middle East, Pakistan and Turkey secured $665 million in funding in the first half of 2024, equating to an 18% drop from last year, according to Magnitt, a Dubai-based VC data platform. Meanwhile, Saudi Arabia led the MENA region with $412 million in VC funding, despite a slight 7% decline. Investor numbers in the MENA increased by 33%, showing…
…
continue reading

1
Episode 27-Profit Over Principles? The Ethical Dilemma in Islamic Finance
1:04:21
1:04:21
Play later
Play later
Lists
Like
Liked
1:04:21The modern Islamic finance industry has grown since the 1970s into a $5 trillion industry. Critics argue that despite its ethical roots, it often prioritizes shareholder returns over impact investing. Whilst Islamic finance shares principles with ethical finance, it usually focuses on profits rather than social and environmental outcomes. In our 27…
…
continue reading

1
Episode 26-Central Asia's Fintech Revolution
1:05:51
1:05:51
Play later
Play later
Lists
Like
Liked
1:05:51Despite a young, tech-savvy, and predominantly Muslim population, Islamic finance in Central Asia remains small and underdeveloped. The region's financial services and fintech sectors also lag behind their global counterparts. In our 26th episode, we spoke to Abdullo Kurbanov, co-founder of Alif Bank, a leading challenger bank in Central Asia. Toda…
…
continue reading