SHARIA BANKING
THAILAND

THAILAND SHARIA BANKING THAILAND ISLAMIC BANKING FINANCE


THAILAND ISLAMIC BANK MURABAHA MUDARABA

In Thailand, sharia-compliant banking currently accounts for a marginal share of the Thai financial sector. Recent estimates expect that Islamic financial assets in Thailand could reach more soon.

Thailand is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Thailand's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.

Currently, Thailand has a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.


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