Sukuk market holds firm in 1H26 despite geopolitical turmoil
Sukuk maintained broadly stable credit fundamentals during the first half of 2026 despite geopolitical tensions and macroeconomic volatility, according to Fitch Ratings.
July 31, 2026 (MLN): Sukuk maintained broadly stable credit fundamentals during the first half of 2026 despite geopolitical tensions and macroeconomic volatility, according to Fitch Ratings. The share of investment-grade sukuk among all Fitch-rated sukuk increased to 82.6% in 1H26 from 79.9% in 1H25, mainly driven by ratings in the ‘A’ and ‘BBB’ categories. No US dollar sukuk were downgraded after the Iran war began...