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Sure Global Tech Embraces Islamic Finance for Strategic Growth in Gulf Region

Sure Global Tech Co. is positioning itself at the forefront of the Gulf Cooperation Council’s evolving financial landscape by utilizing Islamic finance principles to fuel its growth strategy. The technology firm has strategically adopted Shariah-compliant credit facilities to expand operations while aligning with regional sustainability objectives and ethical investment trends.

Diversified Banking Partnerships Strengthen Financial Foundation

The company demonstrated its commitment to financial stability through strategic partnerships with multiple Islamic financial institutions. In 2024, Sure Global Tech renewed credit facility agreements with both Banque Saudi Fransi and Riyadh Bank, securing these arrangements under Shariah-compliant terms in June and September respectively. This approach diversifies the company’s financial partnerships while reducing exposure to liquidity constraints and regulatory changes in the rapidly transforming regional market.

Capitalizing on Explosive Islamic Finance Growth

Sure Global Tech’s strategy aligns with remarkable growth in the Islamic finance sector. GCC Islamic finance assets have reached $5.4 trillion in 2024, with projections showing a 10% compound annual growth rate through 2029. This expansion is fueled by government initiatives channeling oil revenues into sustainable projects and increasing investor demand for ethical alternatives to conventional financing.

Digital Infrastructure Contracts Drive Future Growth

Beyond securing favorable financing terms, the company has secured significant project opportunities that position it as a key player in regional digital transformation. In 2025, Sure Global Tech obtained a contract with the National Development Fund to develop and enhance digital portals and platforms, supporting the GCC’s broader digitalization agenda.

This initiative directly supports major regional development programs including the UAE’s Green Agenda and Saudi Arabia’s Vision 2030, both emphasizing digital innovation as a cornerstone of economic diversification.

Regulatory Innovation Creates Market Opportunities

The GCC’s progressive regulatory environment is facilitating Islamic finance integration into corporate strategies. Regulatory sandboxes in the UAE and Bahrain have enabled testing of innovative financial instruments like tokenized and fractionalized sukuk, reducing barriers for smaller investors. Bahrain’s Central Bank has supported blockchain-based sukuk platforms that streamline issuance processes with automated Shariah compliance verification.

Investment Outlook and Strategic Positioning

The convergence of sustainability trends, ethical investing demands, and regional economic transformation creates a favorable environment for companies like Sure Global Tech. The firm’s recurring credit renewals, expanding project portfolio, and alignment with government development priorities indicate strong potential for sustained growth.

As sukuk issuance in the GCC region is projected to exceed $1 trillion by 2029, companies integrating Shariah-compliant strategies are expected to gain competitive advantages in capital access and regulatory navigation. Sure Global Tech’s proactive adoption of Islamic finance principles positions the company to benefit from this expanding market while contributing to the region’s broader economic evolution toward sustainable and ethical business practices.


Original Article:

Fox, A. (2025, August 6). Sure Global Tech and the rise of Islamic finance in the Gulf: A blueprint for sustainable growth. Ainvest. https://www.ainvest.com/news/global-tech-rise-islamic-finance-gulf-blueprint-sustainable-growth-2508/