17.01.2013 - Outstanding global sukuk reaches $240bln on back of $140bln sold in 2012
$140 billion worth of sukuk were issued in 2012 globally, according to Zawya's 4Q12 Sukuk Quarterly Bulletin, a 64% increase from 2011's $85 billion. Last year marked the best year on sukuk record, taking the global outstanding sukuk market to an unprecedented height of $240 billion as of end 2012. Malaysia continues to be the largest sukuk market with $154 billion or 64% of the total outstanding sukuk market, followed by UAE and Saudi Arabia with around $20 billion, or approximately 9% and 8% respectively. Qatar and Indonesia follow, on 7% and 6% respectively. The list of countries of issuers with outstanding sukuk is now longer than ever, counting 22 countries with outstanding sukuk by end 2012, according to Zawya estimates...............................................Full Article: Source
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