Research & Reports
Malaysia and Global Sukuk Snapshot (Q1 2021)
Despite the economic challenges wrought by the coronavirus pandemic, the global sukuk market recorded a 21.2% y-o-y increase in issuance to USD42.3 bil in 1Q 2021 (1Q 2020: USD34.9 bil). Malaysia led global sukuk issuance with a 42.4% market share (USD17.9 bil) in 1Q 2021, followed by Saudi Arabia (30.6% or USD12.9 bil), Indonesia (16.5% or USD7.0 bil), Turkey (5.4% or USD2.2 bil) and Kuwait (2.8% or USD1.2 bil). Cumulatively, sukuk issues from these five countries accounted for 97.7% of global issuance.
