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Logistics (MENA) 
Could exposure to high-emitting sectors could pose liquidity, legal risks to GCC lenders?
70% of the region’s rated banks offer sustainability-labeled products
SNB kicks off sale of USD-denominated sustainable sukuk
The proceeds will be channeled for “general corporate purposes and to fulfill the bank’s financial and strategic objectives”
Drop in SAR-denominated sukuk issuances weighed on global market last year –S&P Global
The government’s SAR-denominated sukuk issuances declined 43% y-o-y in 2023