GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns
Sukuk issuance across Gulf Cooperation Council countries rose 13.1 percent in the first four months of 2026, driven by strong local-currency borrowing in Saudi Arabia, even as regional conflict clouds the outlook for the Islamic finance industry. In its latest report, “Islamic Finance 2026-2027: Navigating Rough Waters,” S&P Global Ratings…
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