According to a report by KFH-Research, the Sukuk market in October demonstrated a month-on-month decline in terms of issuance of 24.5% to $8.8 billion. However, compared to last year, these figures show an increase of 61.3%. Sukuk issuance in the first ten months of 2012 totaled $112 billion, which is 59.4% higher than the corresponding period last year. It is even already 31.5% higher than the overall issuance in 2011. The expectations for the current year are for the issuance to reach $130 billion.