Bonds in the Gulf Arab oil exporters are outperforming fixed income markets in many other countries as the world's economic climate darkens, suggesting the Gulf may have turned a corner in convincing investors of its financial stability.
During the last bout of Gulf market jitters in mid-2011, sukuk outperformed conventional bonds because Islamic instruments were seen as less vulnerable to speculation and were believed to attract a more committed investor base than conventional debt...............................................Full Article: Source
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