The ongoing geopolitical instability has resulted in GCC sukuk issuers from Qatar and the UAE being put on Fitch Ratings' Rating Watch Negative list...
The industry's senior executives said that Qatar Central Bank would reduce the reserve requirement on deposits from 4.5% to 3.5%, releasing further liquidity into the system...
Boursa Kuwait's new framework will govern the listing of both domestic and foreign issuances, setting out ongoing obligations for issuers and obligors throughout the listing period...
While about 84% of Fitch-rated sukuk in the GCC countries were rated investment grade, 63.2% was in the ‘A’ category, while 90% of issuers were on Stable Outlooks...