As the South Asian economy looks to eliminate interest from its banking system, Fitch Ratings' global head of Islamic finance, Bashar Al Natoor, examines what this could mean for the country’s Islamic finance sector.
The bank is seeking to tap current trends by listing five new ETFs in Hong Kong today, including the city's first to track equities in Singapore, Bangladesh and Pakistan.
Bangladesh, Pakistan and Sri Lanka are new markets for the UK fund manager. Meanwhile, algorithms need to adapt to new trading hours in the region, says its Asia head of trading.
Pakistani shares are undervalued and fundamentals are improving, according to Credit Suisse.
Citi has enough confidence in the economy that it believes any politically motivated retreat in the stock market would be manageable.