Business

S&P: Islamic loans as gap for sukuk’s shortcomings

The Islamic syndicated loans market has been modestly outperforming sukuk in 2020, after Islamic countries were hit hard by the double impact of COVID-19 and low oil prices, S&P Global Ratings has said. According to the rating agency, Sukuk issuance fell by 27 percent year-on-year in the first half of 2020, while syndicated loans in […]