Islamic Sukuk Market soars to record $37.3 billion

The report by Islamic Finance Information Service (IFIS) showed that Malaysia Ringgit denominated sukuk made up for 54% or $20.1billion of the global sukuk market during third quarter, IINA reported.

Sukuk listed on the Dubai International Financial Exchange (DIFX) and London Stock Exchange (LSE) amounted to $16.14 billion and $7.2 billion respectively.

HSBC Amanah topped the overall (international and domestic) IFIS Bookrunners Sukuk League Table with total sukuk issuance of $3 billion as well as the International Sukuk Bookrunners table valued at $ 2.78 billion.