Sukuk holds in strong despite volatility as diversity of paper grows, says BLME

US dollar strength, geopolitical tension and a lower oil price have caused volatility in the global financial markets in the last few months, but substantial fiscal surpluses in the Gulf and a broader range of sukuk available to investors has helped stability in the sukuk market, said Jason Kabel, head of fixed income at Bank of London and The Middle East (BLME) in his sukuk outlook 2015 analysis published on Monday.