IslamicFinance.de

Sukuk issuance in 2012 will increase by 25-30% to eradicate the USD 200 billion barrier, despite challenges that face prosperity of this industry, such as the financial struggles of some European countries and their effect on the rest of the world. This was shown in a report prepared by KFH-Research about the expected horizons of global Sukuk in 2012.
The report noted that the Sukuk market witnessed unprecedented growth during 2011 that reached 88% compared to last year. It added that Kuwait has come back to the Sukuk issuance market after three years through the issuance of Al-Oula Investment Company. It also indicated that the sukuk industry has emerged as one of the main components of the Islamic financial system.