Despite some headwinds, long-term prospects for the sukuk industry remain promising as regulators continue to build and strengthen their frameworks to minimize barriers in the market and deepen liquidity, Standard & Poor's Ratings Servic
Gulf markets declined in volatile trading as investors opted for short-term trades amid increasing worries of a military strike against Syria.
Dubai's measure dropped 1.9 percent to 2,443 points but reached
Gulf Arab markets should be more positive on Sunday after euro zone finance ministers agreed to bail out Spain's banks, but the low liquidity that has dogged regional markets in recent weeks is unlikely to change.
Dubai's index rose for a third session in four on Tuesday as upbeat global markets buoyed sentiment, but late selling wiped out much of its intraday gains, with short-term retail traders dominant and seeking a quick profit.
Dubai's index recorded its largest drop in more than two years on Wednesday as traders used declines in global stocks to book profits from the emirate's early-year surge, while other Gulf markets also declined.
Nine Dubai sto
Gulf markets are expected to be shaky after European Union agreed to ban Iran oil and new threats from the producer to block the Strait of Hormuz.
Some Iranians also warned they might strike US targets worldw
Most Gulf markets ended the year in deep losses on Thursday, with the exception of Qatar and Saudi Arabia, after grappling with shaken local confidence and concerns over the unresolved euro zone debt crisis.
The Arab spring revolts hit Gu
All of Gulf Arab markets ended lower on Sunday with consolidation a key trend, while MSCI index inclusions worries troubled investors in the United Arab Emirates.
Dubai and Abu Dhabi markets fell to a two-week low and concerns over the cou
Gulf markets slid on Sunday as unrest spread across the world's top oil exporting region and more selling is expected as investors cut their exposure despite a buoyant economic outlook for the region.
"These are retail driven markets