2018 Figures show sukuk is more resilient (than bonds) in secondary market during turbulent times
One thing to note about last year’s market turbulence is the fact Sukuk is more resilient than bonds in the secondary market. Middle East sukuk have returned 0.9 percent by end of 2018, compared with a 0.1 percent return for conventional bonds, according to JPMorgan Chase & Co. indexes. The same also goes to GCC bonds performance vs. the emerging market one (Gulf bonds have returned an annualised 0.6 percent by end of 2018, compared with a 4.6 percent loss for emerging markets, according to JPMorgan gauges.) International investors, whom would be researching GCC credits more after JP...
Mohammed KHNIFER
| January 27, 2019