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Global Islamic sukuk grew by 36.1% in 2021, reaching $252.3 bln: Fitch Ratings
12 Jan 2022 | Wednesday Source: Ahram organisation
The total Islamic bonds (sukuk) issued in 2021 worldwide grew significantly by 36.1 percent Y-o-Y to reach $252.3 billion, with central banks, governments, and multilateral institutions dominating sukuk issuances, Fitch Ratings said on Tuesday.
Local currency sukuk dominated issuances in 2021, accounting for 80 percent of all bonds issued, according to Fitch’s ‘Global Sukuk Outlook Dashboard: 2022.’
