Saudi Arabia’s move towards a cash less economy: More to go for sure

Apr 15, 2019

Let us look at the  usage of cash in Saudi Arabia, the largest economy in the GCC. The question is whether usage of cash is going up or going down, are people moving towards a cash less economy as is being talked about by some of the influential thinkers who believe in the digital economy. Digital technologies have brought about great ease of investing in financial securities and quick conversion to cash of such assets.

GCC Stock Markets - Riding on global euphoria!

Apr 11, 2019

According to recently published Monthly Market Review for the month of March, performance of GCC equity markets improved with Kuwait being the top performer, followed by Saudi Arabia.

Sovereign Sukuk: Current Status, Opportunities & Challenges

Mar 28, 2019

Innovation in Islamic finance, large scale capital needs to fund infrastructure investments and slump in traditional revenue streams among oil exporting Islamic countries has spurred sukuk issuance in the recent past. Sovereign sukuk, which arrived in the global arena nearly two decades back, has firmly established its presence and accounts for the majority of sukuk issuance.

GCC Stock Markets – A Tepid February

Mar 07, 2019

GCC equity market pulled back where S&P GCC index retreated back by 1%, after a fabulous January when it zoomed by nearly 7%. At country level, some continued their upward trajectory (UAE, Bahrain and Kuwait) while others (KSA, Qatar and Oman) pulled back from their earlier rally.

Novel liquidity instruments need of the hour for Islamic financial institutions

Feb 11, 2019

Islamic finance is still a relatively small part of the broader financial services industry. Compared to the conventional industry, Islamic finance lacks adequate liquidity instruments as Shariah restrictions limit the number of instruments that could be used for liquidity management. Islamic interbank and money markets also lack the volume and diversification of conventional markets leading to a sectoral disadvantage from the outset.

Equities off to a flying start in 2019

Feb 06, 2019

Equities off to a flying start in 2019. According to our recently released Monthly Market Review for the month of January, GCC equity markets greeted its investors in celebratory fashion, recording its highest monthly gains in over two years. Investor sentiment was bullish, as the influx of foreign funds, uptick in oil prices and expansionary budget policies are all expected to support corporate earnings growth in 2019.

    Displaying 1 - 6 of 228