The ETF, launched with BOCHK Asset Management, will track the iBoxx Tadawul Government & Agencies Sukuk Index; global sukuk issuance neared $200bn in 2024.
FinanceAsia caught up with HSBC’s Christina Ma to discuss how increasing investment connectivity between Asia and the Middle East is reshaping traditional capital markets and paving the way for the expanded use of private capital.
The SFC's CEO Julia Leung recently visited the head of Saudi Arabia's Capital Market Authority and Saudi Exchange's CEO, while Saudi Aramco has launched a secondary offering.
The move comes ahead of the law firm's merger with Shearman & Sterling, and adds to A&O's regional presence, where it has offices in Dubai and Abu Dhabi.
Hong Kong is pinning its hopes of luring Saudi oil giant Aramco on a further trading tie-up with China, but the scheme is big and difficult to execute, says the bourse’s chief executive.
Higher income expectations, healthy savings and rising aspirations will fuel consumer spending in 2011, according to a new Credit Suisse survey of seven emerging markets.