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S&P: Global Sukuk Issuance Set to Reach USD155 Billion in 2021
7 Jul 2021 | Wednesday Source: Albawaba
Global sukuk issuance is set to increase to as much as USD155 billion in 2021, or 11 percent, more than USD139.8 billion last year, driven by low-interest rates and abundant liquidity, according to S&P Global Ratings.
The ratings agency said a more conservative outlook could be in the range of USD140 billion. Sukuk worth a record USD167 billion was issued in 2019.
