Plans by sovereigns outside the Middle East and other largely Islamic regions to tap the sukuk market could meet pent-up demand from Islamic institutional investors and banks to diversify their bond holdings, making the sukuk market a useful source of additional funding over time, Fitch Ratings said.
The opportunity to buy Shariah-compliant debt from investment grade sovereigns that have not yet tapped the market would be likely to generate strong investor appetite………………………………………..Full Article: Source