Sunday, October 30, 2022

Global Inflation and Sukuk Issuance

A short reading on the impact of global inflation on sukuk issuance here. Excerpt:

"Expectations: Despite the increase in the revenues of the Gulf countries from the increase in oil and natural gas prices, which represent the main source of national income in them, with which we may expect a decrease in sovereign sukuk issuance in these countries, but on the other hand, we must take into account the high food import bill for these countries Because of the Russian-Ukrainian war on the one hand, and the imposition of some countries' ban on some agricultural exports on the other hand. And some of these countries may resort, in the event of a surplus of income, to investing it in their sovereign funds and keeping the sukuk issuances as they are."










Source: The National

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