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Markets were steady on Monday after a few rocky days last week
    
    
      
        
    
      
    
    
    
  ◆ Holders win write-down ruling but path to recovery uncertain ◆ StrideUp brings Islamic innovation to UK securitization ◆ Emerging market bonds have an off-week (almost)
    
    
      
        
    
      
    
    
    
  Investors are nervy over trade tensions between the US and China
    
    
      
        
    
      
    
    
    
  Saudi-based MDB may increase non-dollar funding in its programme in coming years and is exploring a potential social debut
    
    
      
        
    
      
    
    
    
  
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            Dar Al-Arkan and Mashreqbank guide though few more deals expected
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            The two-part trade attracted strong demand from deal-starved investors as the sovereign became realistic on pricing
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            The development bank has already used Sofr to price a privately placed sukuk
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            Middle Eastern issuance could slow temporarily as Eid holiday looms
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            The development bank will have to offer a pick-up to comparable issuers in Europe
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            Islamic portion of EM debt issuance has more than doubled