Business Blog

Malaysian asset managers hold MYR132.4 billion ($30 billion) worth of sharia-compliant assets.

Here are some factors that may affect Middle East stock markets on Thursday.

Saudi Arabia's stock market declined for a fourth straight day, but other Gulf bourses largely moved sideways and Dubai held near a 15-month high.

Qatar's Masraf Al Rayan , an Islamic lender, has mandated banks for a sukuk of around $500 million.

At least one of the banks arranging the transaction is based in the United Arab Emirates.

Dubai is finalising loans to fund the expansion of Al Maktoum International Airport and the building of its Expo 2020 exhibition centre.