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Sukuk Market Is Likely to Show Steady Growth in 2010 – Standard & Poor’s

Posted by cvbasheer on March 8, 2010


Standard & Poor’s believes that medium-term growth prospects for the world’s Sukuk market are good. It foresees stable growth in issuance of these securities in 2010, after a recovery last year to issuance of $23.3 billion. The 2010 pipeline remains healthy, in their view, with about $20 billion of Sukuk publicly announced in the past that is likely to come to market if conditions permit. In addition, we understand from unofficial market sources that about $10 billion more could potentially enter the pipeline. If that comes to market, total Sukuk issuance in 2010 could approach the current 2007 record of $34.3 billiony

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