From Menafn.com: The sukuk industry has emerged as one of the main components of the Islamic financial system and has increasingly become an integral subset of the international financial system. Over the years, the sukuk market has grown by 10% to 15% annually to reach approximately $100bln and contributed to 12% of the global Islamic finance assets in 2009.
Prospects for the sukuk market remain bright. In 2009, global sukuk issuances surged by 58.8% yoy to $24.7bln compared to the $15.5bln raised in 2008……………………………………….Full Article: Source