USD85bn of sukuk were sold in 2011, an increase of 62% from 2010, writes Adnan Halawi, Zawya's Fixed Income Analyst, who presents a sukuk timeline for 2011 and pipeline for 2012.
ZAWYA
January 10, 2012
11 January 2012
USD85bn of sukuk were sold in 2011, an increase of 62% from 2010, writes Adnan Halawi, Zawya's Fixed Income Analyst, who presents a sukuk timeline for 2011 and pipeline for 2012.
GLOBAL SUKUK REVIEW: 2011
USD 84.4 billion of sukuk were issued in 2011 across the world, an increase of 62% from the USD 52 billion issued in 2010. This made the year the best on record in terms of sukuk issuance according to data compiled by Zawya's Sukuk Monitor.
Malaysia continued to constitute the main sukuk market worldwide, followed by the GCC, while sovereign issuers were the main drivers of the growth. The global sukuk market now stands at USD 182 billion.
