sukuk
Strong investor demand enabled the kingdom to tighten pricing by lowering yields
Kingdom attracts Saudi investors, advances capital market, and maintains fiscal stability
UAE's COP28 year saw $7.95 billion in debut sustainable debt issuances
Bonds and sukuk issued in 2023 amounted to $2 billion
2024 global sukuk issuance could range between $160 bn and $170 bn
S&P Global expects issuances to reach between $160-170 billion in 2024
Setting a strong tone for Islamic finance globally
Total value of underwriting applications reached approximately $30 bn
The total volume of bids amounted to approximately SAR14.125 billion
Canceling commissions for trading sukuks and bonds contributes to market growth
