Global sukuk outlook for Q2 is positive despite slowdown: Fitch

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RIYADH: The worldwide sukuk issuance for the second quarter is build up even because it faces short-term uncertainties amid continued macro volatilities, revealed US-based Fitch Rankings in its report launched on Wednesday. 

“Islamic investor’s liquidity and funding urge for food continues to be supportive of the longer-term sukuk story,” mentioned Bashar Al-Natoor, the worldwide head of Islamic finance at Fitch Rankings, in its international outlook report. 

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