African sukuk issuers should tap into high GCC liquidity, says Fitch Ratings
The ratings agency sees Africa's USD 7 billion sukuk market growing but being held back by structural gaps that prevent it from scaling rapidly...
Tag : fitch ratings
Malaysia’s Islamic financial ecosystem remains resilient amid volatile geopolitics
Fitch expects a resilient debt capital market that will continue to expand as envisioned in Malaysia's local Capital Market Master Plan (2026 to 2030)...
Saudi economy stays resilient amid Iran war, retains top Fitch ratings
As per the Fitch, Saudi to grow 0.6% in 2026, reflecting trade disruptions due to the Hormuz tensions, before rebounding in 2027...
Philippines’ contribution in ASEAN’s Islamic finance market remains small, says Fitch
As per the Fitch, Islamic banking assets in the Philippines amounted to just USD 44 million as of end-2025...
Despite a productive Q1, Iran war looms large on Islamic banking
The ongoing geopolitical instability has resulted in GCC sukuk issuers from Qatar and the UAE being put on Fitch Ratings' Rating Watch Negative list...
Saudi asset management sector on upward trajectory, say ratings agencies
A well-established asset management industry will offer Saudi Arabia’s youthful and expanding population a broader and more diversified selection of investment and savings products...
Saudi banks’ credit profiles remain strong amid high oil prices
Saudi Islamic banks have a strong position in the banking industry thanks to their larger retail franchises, which enable them to offer superior asset quality, reduced funding costs, and higher margins...
COP28 to accelerate revolution in sustainable bond market
Given that 51% of sustainable issuances in the Gulf region take the form of bonds, there is a strong expectation that they will benefit significantly from the heightened awareness being cultivated by COP28...
Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...
UAE’s debt capital market projected to reach USD 300 billion by 2030: Fitch Ratings
Fitch Ratings observed that its forecast for UAE's DCM market is backed by the fact that banks are important debt investors and are demonstrating decent liquidity as well as solid deposit growth...