17 June 2015 The value of global sukuk issuances surged in May, surpassing those of any other month so far this year. There were 93 issues worth a total of USD 9.3 billion, up 17% from a year earlier when 62 sukuk were issued with a total size of USD 8 billion.The market's strong performance suggested that first quarter weakness was temporary blip caused by the sharp drop in crude prices, that has
ZAWYA
June 17, 2015
17 June 2015
By Sherine Rafehi of Thomson Reuters
The value of global sukuk issuances surged in May, surpassing those of any other month so far this year. There were 93 issues worth a total of USD 9.3 billion, up 17% from a year earlier when 62 sukuk were issued with a total size of USD 8 billion.