The new issuance of sukuk worldwide could top well above $100 billion again this year, Standard & Poor’s said its recent report “Investor Appetite Is Pushing Sukuk Into The Mainstream”, amid current investment spending and economic growth, along with its forecast of continued high oil prices and low bond yields.
In addition, jumbo issuance may pick up further, mainly on the back of huge infrastructure projects from sovereigns. Turkey, Qatar, and Malaysia issued more than $1 billion over the past two years. Sustained investment spending and ample domestic liquidity are likely to support sukuk issuance, especially in Malaysia, Saudi Arabia, Qatar, and the UAE………………………………………..Full Article: Source