The sukuk market has been one of the most talked about sectors in Islamic finance over the past few years, yet it makes up less than 8% of the overall Islamic finance market. According to Zawya, 2011 was a record year for sukuk issuance, which reached USD 84.4 billion.
2012 is already shaping up to be a record year with USD 68 billion issued in the first half, an increase of 55% over the same period of 2011. However, at some point in the not-so-distant future, this rapid growth will probably hit a glass ceiling, unless the market can grow outside of its Islamic boundaries………………………………………..Full Article: Source