Middle East conflict could test sukuk legal contracts: S&P
RIYADH: The ongoing conflcit in the Middle East could expose weaknesses in the legal structures of sukuk, particularly where the bonds are backed by physical assets that may be damaged in attacks, S&P Global Ratings said.
The agency said a small portion of sukuk it rates could face risks of total or partial loss if underlying assets are hit, raising questions about how well existing protections would work in a prolonged conflict.
4/13/2026 4:04:59 PM