Bahrain sukuk beat Dubai as emergency lifted
Bahrain decided to end the three-month state of emergency and therefore the confidence in the island nation’s Islamic bonds is being restored.
The notes returned 4 percent this quarter, compared with 3.2 percent for sukuk in Dubai, 2.5 percent for Malaysia and 1.7 percent in Indonesia.
Yields on Bahrain sukuk climbed to 4.45 percent on March 15, the highest level in a year.
Syndicate
