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Saudi sukuk added to global indices
JPMorgan and Bloomberg announced the inclusion of Saudi sukuk denominated in Riyals into the emerging market fixed income indices, reflecting significant progress in the local debt markets and the expansion of the investor base globally. Finance Minister Mohammed bin Abdullah Al-Jadaan affirmed that this inclusion enhances Saudi Arabia’s financial standing and supports efforts to develop a deeper and more competitive financial sector, with a focus on human capital development and market regulation to achieve sustainability and future growth.
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