Liquidity-management instrument availability for Islamic banks has expanded across many core markets over the past decade, supporting funding needs, according to Fitch Ratings. However, gaps remain relative to conventional banks, more so in countries where Islamic banks remain niche.
Liquidity in Saudi Arabia, measured by broad money supply (M3), rose to more than SAR3.289 trillion ($876.85 billion) by the end of February, up 8.4% year on year.
Credit ratings, countries of risk, and sector type are having varying impacts on global sukuk and GCC debt capital market (DCM) liquidity amid the ongoing Iran war, according to Fitch Ratings. In the short term, the impact on liquidity will depend on the scope and duration of the war.
Tabreed, a leading district cooling company, has signed up Arqaam Securities as the liquidity provider for its shares listed on Dubai Financial Market (DFM). The move is aimed at boosting its trading liquidity and investor confidence and benefit shareholders.
