Sukuk issuances continue to rise

Sukuk issuances continue to riseThe international Sukuk market is expected to top $895 billion this year, and $5 trillion by 2015.  This dramatic increase from only $137 billion in 1996 is due to governments and investors increased decisions to explore Sukuk as an alternative method of financing offering competitive returns but with considerably less risk than other bond investments.  Malaysia leads the Islamic banking world with about $134 billion in Sukuk, 65% of issuances this year.  The Gulf Coast countries account for 26% of the market.

Sukuk issuances will surely benefit from increased revenue and savings in both the Middle East and Asia. World Islamic Banking Conference in Singapore, the chairman of Bank Indonesia urged Sukuk to diversify into longer-term (over 10-year) tenor, since it accounts currently for only 20% of the market.  Sukuk growth in Indonesia alone was 9.3% this year.



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The international Sukuk market is expected to top $895 billion this year, and $5 trillion by 2015.  This dramatic increase from only $137 billion in 1996 is due to governments and investors increased decisions to explore Sukuk as an alternative method of financing offering competitive returns but with considerably less risk than other bond investments.  Malaysia leads the Islamic banking world with about $134 billion in Sukuk, 65% of issuances this year.  The Gulf Coast countries account for 26% of the market. Sukuk issuances will surely benefit from increased revenue and savings in both the Middle East and Asia. World...

Sukuk issuances continue to riseThe international Sukuk market is expected to top $895 billion this year, and $5 trillion by 2015.  This dramatic increase from only $137 billion in 1996 is due to governments and investors increased decisions to explore Sukuk as an alternative method of financing offering competitive returns but with considerably less risk than other bond investments.  Malaysia leads the Islamic banking world with about $134 billion in Sukuk, 65% of issuances this year.  The Gulf Coast countries account for 26% of the market.

Sukuk issuances will surely benefit from increased revenue and savings in both the Middle East and Asia. World Islamic Banking Conference in Singapore, the chairman of Bank Indonesia urged Sukuk to diversify into longer-term (over 10-year) tenor, since it accounts currently for only 20% of the market.  Sukuk growth in Indonesia alone was 9.3% this year.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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