IslamicFinance.de

Linklaters is expecting sovereign Sukuks to be issued by the Ivory Coast, Oman, Tunisia, Jordan and UAE and next year they’re expecting a number to be issued across the Middle East and Africa. Different considerations come into play in the Middle East. For example, oil price movements over the past year have inevitably had an impact on countries whose GDP is inextricably linked with the price of oil. Besides, there is an ever-growing demand for Sukuk products in the GCC, and this will continue to drive innovation in the Sukuk market to enable companies, from different sectors and with different assets available to underpin the Sukuk, to issue these products.