IslamicFinance.de

The global primary market volume has reached USD80.35 billion in eight months ended August 2014 (8M14), 6.8 percent higher than the USD75.23bln volume in 8M13, Kuwait Finance House said in its monthly sukuk report. A strong pipeline waits in the remaining months of 2014 including debut sovereign issuances by the AAA-rated jurisdictions of Luxembourg and Hong Kong. KFH also stated that global primary sukuk market activity remained moderate in the month of August as a total of USD7.54 billion worth of new sukuk were issued. Analyzing by the country of sukuk origination, the report disclosed that the primary market activity was heavily concentrated in Malaysia.