24 Apr 2026

Saturna’s Patrick Drum Featured on Bloomberg Intelligence ‘Credit Crunch’ Podcast

News Article

Saturna Capital’s Patrick Drum, Fixed Income Lead and portfolio manager for the firm’s sustainable bond and sukuk-focused strategies, was featured on Bloomberg Intelligence’s “FICC Focus: Credit Crunch” podcast on April 20, 2026. In the episode, “Credit Crunch: Saturna’s Drum on Sukuk Growth, Geopolitical Risk,” he joins Bloomberg Intelligence’s Noel Hebert to examine how the sukuk market has evolved, where issuance is growing, and what current spread levels suggest about fiscal outlooks and ratings in key regions.

Drum notes that market reaction to recent geopolitical developments has been “measured,” with spreads moving primarily in response to changes in fiscal positions and credit ratings rather than short-term headlines, and he highlights how the sukuk market has evolved, where issuance is growing, and how Islamic-compliant structures can offer diversification and align with investors’ values-based or faith-based objectives within global fixed income.

Listeners can hear the full discussion on Bloomberg’s FICC Focus podcast, available on Apple Podcasts, Spotify, and other major platforms.

About Saturna Capital Corporation

Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is an independent, employee-owned investment advisor based in Bellingham, Washington, managing approximately $9.5 billion in assets for clients under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments. Saturna Capital is adviser to the Amana Mutual Funds Trust, the oldest and largest family of funds in the US that follow principles of Islamic finance. Saturna Capital is also adviser to the US-based Saturna Funds.