| 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 percent to 15 percent annually to reach approximately 100 billion US dollars and contributed to 12 percent of the global Islamic finance assets in 2009. Prospects for the Sukuk market remain bright.
In 2009, global Sukuk issuances surged by 58.8 percent year-on-year (Y-O-Y) to $24.7 billion (6.99 billion Kuwaiti dinars) compared to the $15.5 billion raised in 2008..............................................Full Press Release: Source
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