Islamic equities defied the overall bearish trend on the Qatar Stock Exchange, which lost about 47 points in its key barometer this week.

Higher capital position, sufficient liquidity and improved profitability resulted in lowering overall risk conditions in Qatar’s banking sector, the modified banking Stability Index (BSI) has shown.

The used vehicles market in Qatar outperformed the overall automobile sector in May month-on-month, indicating the shifting consumer preference amidst uncertainty.