iBoxx Tadawul SAR Government Sukuk Index
Following three consecutive months of losses totaling ‑2.12% in Q3 2023, the iBoxx Tadawul SAR Government Sukuk Index dipped further in October before joining the global bond market rally in November and December, resulting in a return of 0.26% in Q4 2023. This brought the full-year 2023 return of the index to 2.09%.