The volume of sukuk issued globally during the first half of the current year reached $ 66.4 billion, according to a report released by KFH-Research, an affiliate of Kuwait Finance House (KFH). The increase in sukuk issuance during the period was triggered by large sums of money pumped by sovereign authorities and central banks to absorb excess liquidity, the report said.
It said the GCC countries used to be a main market for sukuk during the first half of the year, despite the absence of Kuwait and Qatar. The global sukuk currently represents a dynamic part of the Islamic financial system that continues to grow at a remarkable pace………………………………………..Full Article: Source