Global Sukuk issuance is expected to reach $145 billion in 2015, said experts, adding that the demand for Sukuk significantly outweighs the supply, with growing investor appetite for more diverse investment opportunities.
While $110 billion worth of sukuk was issued around the world this year, the global sukuk issuance is expected to reach $250 billion by 2020, a report said.
The total global outstanding sukuk, which stands at $241 billion, is also
While the annual global issuance of sukuk has grown at a compound annual growth rate of 38 per cent to $81 billion in 2012, up from $3.3 billion in 2002, the market is likely to maintain its positive long-term growth trends, a report said.
Global issuance of Islamic bonds will take another year to reach pre-crisis levels as new markets in Europe and Asia have yet to make up for the slump in the Gulf, said advisory firm Deloitte's head of Islamic Finance.