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Al-Jada'an: Saudi Sukuk in JPMorgan and Bloomberg indexes
The institutions of J.P. Morgan and Bloomberg announced the inclusion of Saudi sukuk denominated in riyals within the emerging market debt indices, reflecting significant progress in the local debt market and an expanding global investor base. Finance Minister Mohammed bin Abdullah Al-Jadaan confirmed that this inclusion enhances the financial standing of the Kingdom and highlights the role of human expertise in leading and regulating markets, thereby supporting economic growth and attracting investments. This development is part of Saudi Arabia's efforts to build a deeper, more competitive financial sector that aligns with the evolution of its economy and enables private sector growth.
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