Global Sukuk Market Report 2024

Sukuk Global Market Report 2024 – By Sukuk Type (Murabahah Sukuk, Salam Sukuk, Istisna Sukuk, Ijarah Sukuk, Musharakah Sukuk, Mudarabah Sukuk, Hybrid Sukuk, Other Sukuk Types), By Currency (Turkish Lira, Indonesian Rupiah, Saudi Riyal, Kuwaiti Dinar, Malaysian Ringgit, United States Dollar, Other Currencies), By Issuer Type (Sovereign, Corporate, Financial Institutions, Quasi-Sovereign, Other Issuer Types) – Market Size, Trends, And Global Forecast 2024-2033

Sukuk Global Market Report 2024

Starting Price : $4000.00 | Pages : | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options
Request Sample
Request For Discount
FAQs
Customise Your Report
Request For Proposal
Request For Regional Data

Need assistance or more information before the purchase?

Enquire Before Buying
Sukuk Global Market Report 2024

Proud Members Of

checkslacipN checkaoirsN checkscipN
Description Table Of Contents Tables & Figures Market Insights Related Reports

Sukuk Market Definition And Segments

An Islamic financial certificate is known as a sukuk, also known as an ''Islamic bond or sharia-compliant bond) denotes a percentage of ownership in a portfolio of permissible current or future assets. It is used to raise capital for a firm.

The main types of sukuk are murabahah sukuk, salam sukuk, istisna sukuk, ijarah sukuk, musharakah sukuk, mudarabah sukuk, hybrid sukuk, and others. Murabahah sukuk is referred to as a type of Islamic financing bond in which both the seller and the buyer agree on the asset's cost and markup and it is used to purchase an item and resell it at cost plus a profit. The major currencies used are the Turkish lira, Indonesian rupiah, Saudi riyal, Kuwaiti dinar, Malaysian ringgit, United States dollar, and others by various issuers such as sovereign, corporate, financial institutions, quasi-sovereign, and others.

The sukuk market covered in this report is segmented –

1) By Sukuk Type: Murabahah Sukuk, Salam Sukuk, Istisna Sukuk, Ijarah Sukuk, Musharakah Sukuk, Mudarabah Sukuk, Hybrid Sukuk, Other Sukuk Types

2) By Currency: Turkish Lira, Indonesian Rupiah, Saudi Riyal, Kuwaiti Dinar, Malaysian Ringgit, United States Dollar, Other Currencies

3) By Issuer Type: Sovereign, Corporate, Financial Institutions, Quasi-Sovereign, Other Issuer Types

The sukuk market size has grown rapidly in recent years. It will grow from $904.5 billion in 2023 to $1084.8 billion in 2024 at a compound annual growth rate (CAGR) of 19.9%. The growth in the historic period can be attributed to islamic finance growth, diversification of funding sources, infrastructure development, government initiatives, global sukuk issuance, increased cross-border transactions.

The sukuk market size is expected to see rapid growth in the next few years. It will grow to $2160.55 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to global economic recovery, belt and road initiative, sustainable and green sukuk, islamic fintech growth, diversity of sukuk structures, wealth management demand. Major trends in the forecast period include innovation in sukuk structures, digitalization of sukuk issuance, enhanced regulatory frameworks, partnerships and cross-border collaboration, private sector participation.

Rapid Urbanization Fuels Growth Of Sukuk Market

The rapid urbanization in Middle Eastern countries is expected to propel the growth of the sukuk market going forward. Urbanization is the process of a nation's population gradually moving from rural to urban areas, with the proportion of urban residents growing faster than that of rural residents. The demand for infrastructure investment is created by urbanization, which subsequently spurs economic growth through a variety of avenues, such as lowering transaction costs and increasing productivity. In infrastructure development, sukuk is a popular and extremely effective way for governments to raise money locally and internationally through a sharia-compliant procedure without paying interest for the development of the country. For instance, in October 2021, according to the Middle East Institute, a US-based non-profit organization think tank, and cultural center, almost two-thirds of the population of the Middle East lives in cities, above the global total of just over half. Additionally, In July 2022, according to the Brookings Institution, a US-based research institute, in the developed world and middle-income nations in Latin America, Europe, the Middle East, and North Africa, urbanization rates hover at around 70%, and they are rising quickly at other developing economies. Therefore, the rapid urbanization in Middle Eastern countries is driving the growth of the sukuk market.

Increasing Demand For Islamic Finance Propels Growth Of Sukuk Market

Growing demand for Islamic finance is expected to propel the growth of the sukuk market going forward. Islamic finance refers to the management of money and financial activities in accordance with the moral practices and principles of the Islamic religion. Sukuk in Islamic finance helps with providing a Sharia-compliant financing option, promoting risk-sharing, facilitating infrastructure development, and offering opportunities for global growth and diversification of funding sources. For instance, in October 2022, according to S&P Global, a US-based capital market company, the global Islamic finance industry will expand 10%–12% in 2021–2022. The takaful sector is predicted to rise by 5%–10% as well, and as investors seek yield, the funds business may experience some growth. Therefore, growing demand for Islamic finance is driving the growth of the sukuk market.

Major companies operating in the sukuk market report are Abu Dhabi Islamic Bank PJSC, Al Baraka Group BSC, Al Rajhi Bank, Banque Saudi Fransi, Dubai Islamic Bank, Hongkong and Shanghai Banking Corporation, Kuwait Finance House, Malayan Banking Berhad, Qatar International Islamic Bank, Rashid Hussain Bhd Islamic Bank, Samba Financial Group SJSC, Ajman Bank, Citi Islamic Investment Bank, Emirates NBD Bank PJSC, Standard Chartered PLC, Maybank Islamic Berhad, Qatar Islamic Bank, Commerce International Merchant Bankers Berhad, First Abu Dhabi Bank, Gulf International Bank, Islamic Development Bank, Kuwait International Bank, Mashreq Bank, National Bank of Abu Dhabi, Noor Bank, Oman Arab Bank, Sharjah Islamic Bank, Al Hilal Bank, Alinma Bank, Bank AlJazira, Bank Islam Brunei Darussalam, Bank Muamalat Malaysia Berhad, Bank Negara Indonesia, Bank of London and The Middle East, Dubai Financial Market, Islamic Financial Services Board, Nasdaq Dubai, London Stock Exchange .

Strategic Partnerships Drive Growth And Innovation In The Sukuk Market

Strategic partnerships are a key trend gaining popularity in the Sukuk market. Many companies operating in the sukuk market are undergoing partnerships to strengthen their position in the market. For instance, in March 2021, City Bank Capital Resources Limited, a Bangladesh-based investing banking company partnered with Bangladesh Export Import Company Limited (BEXIMCO), a Bangladeshi multinational conglomerate holding company, to jointly issue Tk 3,000 core worth of sukuk Al Istisna bonds that are consistent with Islamic law. This partnership aims to purpose the construction of the solar projects of Teesta Solar Limited and Korotoa Solar Limited. Further, in June 2022, Abu Dhabi Islamic Bank (ADIB), a UAE-based Islamic bank collaborated with Visa Inc., a US-based provider of financial services. The partnership aims to further grow digital payments in the UAE, offering customer-centric solutions to ADIB cardholders.

Companies Launching Sukuk Etf For Innovative Market Exposure

Major companies operating in the Sukuk market are focused on introducing innovative solutions, such as the Sukuk ETF, to drive their revenues in the market. Sukuk ETFs are exchange-traded funds that track the performance of a sukuk index, providing investors with exposure to the sukuk market. For instance, in September 2023, HSBC Asset Management, a UK-based company that offers investment advisory and asset management, launched the HSBC Global Sukuk UCITS (Undertakings for Collective Investment in Transferable Securities) ETF (Exchange Traded Funds), Europe's first global sukuk ETF. The HSBC Global Sukuk UCITS ETF (HBKU) is listed on the London Stock Exchange with a total expense ratio (TER) of 0.70%. Tracked by HBKU, the FTSE IdealRatings Investment Grade index provides exposure to sukuk, sometimes known as Islamic bonds, globally. With HBKU, HSBC AM can now satisfy the increasing demand for Islamic passive products worldwide, whether those products are used as stand-alone investments or as components of larger multi-asset portfolios that adhere to Shariah.

Ai Rajhi Bank Malaysia Forges Strategic Partnership With Nomura Asset Management For Islamic Innovation

In October 2022 AI Rajhi Bank Malaysia (ARBM), a Saudi Arabian bank partnered with Nomura Asset Management Malaysia for an undisclosed amount. With this partnership both banks aim to achieve to become Malaysia's top Islamic innovation bank, the bank offers syariah investments. Nomura Asset Management Malaysia Sdn Bhd is a Malaysia-based investor management firm.

Saudi-Arabia was the largest region in the sukuk market in 2023. The regions covered in the sukuk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the sukuk market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The sukuk market consists of sales of true certificates, alternative civil law structures, investors’ credit exposure, and asset-backed. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The sukuk market research report is one of a series of new reports from The Business Research Company that provides sukuk market statistics, including the sukuk industry global market size, regional shares, competitors with a sukuk market share, detailed sukuk market segments, market trends and opportunities, and any further data you may need to thrive in the sukuk industry. This sukuk market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Sukuk Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $1084.8 billion
Revenue Forecast In 2033 $2160.55 billion
Growth Rate CAGR of 18.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Sukuk Type: Murabahah Sukuk, Salam Sukuk, Istisna Sukuk, Ijarah Sukuk, Musharakah Sukuk, Mudarabah Sukuk, Hybrid Sukuk, Other Sukuk Types
2) By Currency: Turkish Lira, Indonesian Rupiah, Saudi Riyal, Kuwaiti Dinar, Malaysian Ringgit, United States Dollar, Other Currencies
3) By Issuer Type: Sovereign, Corporate, Financial Institutions, Quasi-Sovereign, Other Issuer Types
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Abu Dhabi Islamic Bank PJSC; Al Baraka Group BSC; Al Rajhi Bank; Banque Saudi Fransi; Dubai Islamic Bank; Hongkong and Shanghai Banking Corporation; Kuwait Finance House; Malayan Banking Berhad; Qatar International Islamic Bank; Rashid Hussain Bhd Islamic Bank; Samba Financial Group SJSC; Ajman Bank; Citi Islamic Investment Bank; Emirates NBD Bank PJSC; Standard Chartered plc; Maybank Islamic Berhad; Qatar Islamic Bank; Commerce International Merchant Bankers Berhad; First Abu Dhabi Bank; Gulf International Bank; Islamic Development Bank; Kuwait International Bank; Mashreq Bank; National Bank of Abu Dhabi; Noor Bank; Oman Arab Bank; Sharjah Islamic Bank; Al Hilal Bank; Alinma Bank; Bank AlJazira; Bank Islam Brunei Darussalam; Bank Muamalat Malaysia Berhad; Bank Negara Indonesia; Bank of London and The Middle East; Dubai Financial Market; Islamic Financial Services Board; Nasdaq Dubai; London Stock Exchange
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Sukuk Market Characteristics

    3. Sukuk Market Trends And Strategies

    4. Sukuk Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Sukuk Market Size and Growth

    5.1. Global Sukuk Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Sukuk Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Sukuk Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Sukuk Market Segmentation

    6.1. Global Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Murabahah Sukuk

    Salam Sukuk

    Istisna Sukuk

    Ijarah Sukuk

    Musharakah Sukuk

    Mudarabah Sukuk

    Hybrid Sukuk

    Other Sukuk Types

    6.2. Global Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Turkish Lira

    Indonesian Rupiah

    Saudi Riyal

    Kuwaiti Dinar

    Malaysian Ringgit

    United States Dollar

    Other Currencies

    6.3. Global Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Sovereign

    Corporate

    Financial Institutions

    Quasi-Sovereign

    Other Issuer Types

    7. Sukuk Market Regional And Country Analysis

    7.1. Global Sukuk Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Sukuk Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Sukuk Market  

    8.1. Asia-Pacific Sukuk Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Sukuk Market  

    9.1. China Sukuk Market Overview  

    9.2. China Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Sukuk Market  

    10.1. India Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Sukuk Market  

    11.1. Japan Sukuk Market Overview  

    11.2. Japan Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Sukuk Market  

    12.1. Australia Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Sukuk Market  

    13.1. Indonesia Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Sukuk Market  

    14.1. South Korea Sukuk Market Overview  

    14.2. South Korea Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Sukuk Market  

    15.1. Western Europe Sukuk Market Overview

    15.2. Western Europe Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Sukuk Market  

    16.1. UK Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Sukuk Market  

    17.1. Germany Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Sukuk Market  

    18.5. France Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Sukuk Market  

    19.9. Italy Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Sukuk Market  

    20.13. Spain Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Sukuk Market  

    21.1. Eastern Europe Sukuk Market Overview

    21.2. Eastern Europe Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Sukuk Market  

    22.1. Russia Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Sukuk Market  

    23.1. North America Sukuk Market Overview

    23.2. North America Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Sukuk Market  

    24.1. USA Sukuk Market Overview

    24.2. USA Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Sukuk Market  

    25.1. Canada Sukuk Market Overview

    25.2. Canada Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Sukuk Market  

    26.1. South America Sukuk Market Overview

    26.2. South America Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Sukuk Market  

    27.1. Brazil Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Sukuk Market  

    28.1. Middle East Sukuk Market Overview

    28.2. Middle East Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Sukuk Market  

    29.1. Africa Sukuk Market Overview

    29.2. Africa Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Sukuk Market Competitive Landscape And Company Profiles

    30.1. Sukuk Market Competitive Landscape

    30.2. Sukuk Market Company Profiles

    30.2.1. Abu Dhabi Islamic Bank PJSC

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Al Baraka Group BSC

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Al Rajhi Bank

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Banque Saudi Fransi

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Dubai Islamic Bank

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Sukuk Market Competitive Benchmarking

    32. Global Sukuk Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Sukuk Market

    34. Sukuk Market Future Outlook and Potential Analysis

    34.1 Sukuk Market In 2028 - Countries Offering Most New Opportunities

    34.2 Sukuk Market In 2028 - Segments Offering Most New Opportunities

    34.3 Sukuk Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Sukuk Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Sukuk Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Abu Dhabi Islamic Bank PJSC Financial Performance
  • Table 75: Al Baraka Group BSC Financial Performance
  • Table 76: Al Rajhi Bank Financial Performance
  • Table 77: Banque Saudi Fransi Financial Performance
  • Table 78: Dubai Islamic Bank Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Sukuk Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Sukuk Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Sukuk Market, Segmentation By Sukuk Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Sukuk Market, Segmentation By Currency, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Sukuk Market, Segmentation By Issuer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Abu Dhabi Islamic Bank PJSC Financial Performance
  • Figure 75: Al Baraka Group BSC Financial Performance
  • Figure 76: Al Rajhi Bank Financial Performance
  • Figure 77: Banque Saudi Fransi Financial Performance
  • Figure 78: Dubai Islamic Bank Financial Performance
Global Insurance Brokers and Agents Market Opportunities And Strategies – Forecast To 2030 – Includes Insurance Brokers & Agents Market Report
Read More
Forecasting till 2030: Opportunities And Strategies In The Global Wealth Management Market – Includes Wealth Management Market Trend
Read More
Global Lending Market Opportunities And Strategies – Forecast To 2030 – Includes Lending Market Overview
Read More
Opportunities And Strategies Analysis For The Life Insurance Providers Market – Includes Life Insurance Providers Market Share
Read More
The Business Research Company offers the payments market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the prepaid card market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the life and health reinsurance market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the asset servicing market research report 2022 with industry size, share, segments and market growth
Read More
Blockchain Technologies Global Market Report 2024 – By Type (Public, Private, Hybrid), By Provider (Application Providers, Middleware Providers, Infrastructure Providers), By Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Supply Chain Management, Governance, Risk And Compliance Management, Other Applications (Digital Voting And Content, Storage Management)), By End User (Financial Services, Consumer or Industrial Electronics, Technology, Media And Telecom, Healthcare, Transportation, Public Sector, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Investment Banking Global Market Report 2024 – By Type (Mergers And Acquisitions Advisory, Financial Sponsor/Syndicated Loans, Equity Capital Markets Underwriting, Debt Capital Markets Underwriting), By Enterprise Size (Large Enterprises, Medium and Small Enterprises), By End-Use Industry (Financial Services, Retail And Wholesale, Information Technology, Manufacturing, Healthcare, Construction, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Management Consulting Services Global Market Report 2024 – By Type (Operations Advisory, Financial Advisory, Technology Advisory, Strategy Advisory, HR Advisory, Other Consulting Services), By Service Provider (Large Enterprise, Small And Medium Enterprise), By End-Use Industry (IT Services, Manufacturing, Financial Services, Mining and Oil & Gas, Construction, Others) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Wireless Internet Services Global Market Report 2024 – By Type (Community Hotspots, Public Hotspots), By Application (Education, Financial Services, Healthcare, Hospitality, Retail, Telecom & IT, Transportation, Other Applications), By End User (Enterprises, Communication Service Provider And Network Operators, Government) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Digital Payments Global Market Report 2024 – By Mode Of Payment (Point Of Sale, Online Sale), By End-User Industry (Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others), By Deployment (Cloud, On-Premise), By Enterprise (Large Enterprises, Small And Medium Enterprises) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Artificial Intelligence Services Global Market Report 2024 – By Technology (Machine Learning, Computer Vision, Natural Language Processing (NLP), Other Technology), By Services Type (Managed Services, Professional Services), By Software Tools (Web-based and Cloud Application Programming Interface, Processing and Modeler, Archiving and Data Storage), By Application Type (Fraud Detection, Data Analytics & Visualization, Customer Service and Management, Risk Management, Compliance & Security), By End-User (Banking, Financial, and Insurance (BFSI), IT & Telecom, Retail, Manufacturing, Public Sector, Energy & Utility, Healthcare, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Digital Signature Global Market Report 2024 – By Offering (Software, Hardware, Services), By Deployment (Cloud, On-premises), By End User (Banking, Financial services, and Insurance (BFSI), IT and Telecommunications, Government, Health care and life sciences, Education, Retail, Real Estate, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Digital Advertising Global Market Report 2024 – By Platform (Mobile Ad (In-App And Mobile Web), Desktop Ad, Digital TV, Other Platforms), By Ad Format (Digital Display Ad, Internet Paid Search, Social Media, Online Video, Other Ad Formats), By Industrial Vertical (Media And Entertainment, Consumer Goods & Retail Industry, Financial Service & Insurance, Telecommunication IT Sector, Travel Industry, Healthcare Sector, Manufacturing & Supply Chain, Transportation And Logistics, Energy, Power And Utilities, Other Industrial Verticals) – Market Size, Trends, And Global Forecast 2024-2033
View Report

Frequently Asked Questions

What is the definition of the sukuk market?

An Islamic financial certificate is known as a sukuk, also known as an ""Islamic bond or sharia-compliant bond) denotes a percentage of ownership in a portfolio of permissible current or future assets. It is used to raise capital for a firm. For further insights on the sukuk market, request a sample here

How will the sukuk market drivers and restraints affect the sukuk market dynamics? What forces will shape the sukuk industry going forward?

The sukuk market major growth driver - rapid urbanization fuels growth of sukuk market. For further insights on the sukuk market, request a sample here

What is the forecast market size or the forecast market value of the sukuk market ?

The sukuk market size has grown rapidly in recent years. It will grow from $904.5 billion in 2023 to $1084.8 billion in 2024 at a compound annual growth rate (CAGR) of 19.9%. The growth in the historic period can be attributed to islamic finance growth, diversification of funding sources, infrastructure development, government initiatives, global sukuk issuance, increased cross-border transactions.. The sukuk market size is expected to see rapid growth in the next few years. It will grow to $2160.55 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to global economic recovery, belt and road initiative, sustainable and green sukuk, islamic fintech growth, diversity of sukuk structures, wealth management demand.. Major trends in the forecast period include innovation in sukuk structures, digitalization of sukuk issuance, enhanced regulatory frameworks, partnerships and cross-border collaboration, private sector participation.. For further insights on the sukuk market, request a sample here

How is the sukuk market segmented?

The sukuk market is segmented
1) By Sukuk Type: Murabahah Sukuk, Salam Sukuk, Istisna Sukuk, Ijarah Sukuk, Musharakah Sukuk, Mudarabah Sukuk, Hybrid Sukuk, Other Sukuk Types
2) By Currency: Turkish Lira, Indonesian Rupiah, Saudi Riyal, Kuwaiti Dinar, Malaysian Ringgit, United States Dollar, Other Currencies
3) By Issuer Type: Sovereign, Corporate, Financial Institutions, Quasi-Sovereign, Other Issuer TypesFor further insights on the sukuk market, request a sample here

Which region has the largest share of the sukuk market? What are the other regions covered in the report?

Saudi-Arabia was the largest region in the sukuk market in 2023. The regions covered in the sukuk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the sukuk market, request a sample here.

Who are the major players in the sukuk market?

Major companies operating in the sukuk market report are Abu Dhabi Islamic Bank PJSC, Al Baraka Group BSC, Al Rajhi Bank, Banque Saudi Fransi, Dubai Islamic Bank, Hongkong and Shanghai Banking Corporation, Kuwait Finance House, Malayan Banking Berhad, Qatar International Islamic Bank, Rashid Hussain Bhd Islamic Bank, Samba Financial Group SJSC, Ajman Bank, Citi Islamic Investment Bank, Emirates NBD Bank PJSC, Standard Chartered plc, Maybank Islamic Berhad, Qatar Islamic Bank, Commerce International Merchant Bankers Berhad, First Abu Dhabi Bank, Gulf International Bank, Islamic Development Bank, Kuwait International Bank, Mashreq Bank, National Bank of Abu Dhabi, Noor Bank, Oman Arab Bank, Sharjah Islamic Bank, Al Hilal Bank, Alinma Bank, Bank AlJazira, Bank Islam Brunei Darussalam, Bank Muamalat Malaysia Berhad, Bank Negara Indonesia, Bank of London and The Middle East, Dubai Financial Market, Islamic Financial Services Board, Nasdaq Dubai, London Stock Exchange . For further insights on the sukuk market, request a sample here.

What are the key trends in the sukuk market?

Major trend in the sukuk market - strategic partnerships drive growth and innovation in the sukuk market. For further insights on the sukuk market, request a sample here.

What are the major opportunities in the sukuk market? What are the strategies for the sukuk market?

For detailed insights on the major opportunities and strategies in the sukuk market, request a sample here.

How does the sukuk market relate to the overall economy and other similar markets?

For detailed insights on sukuk market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the sukuk industry?

For detailed insights on the mergers and acquisitions in the sukuk industry, request a sample here.

What are the key dynamics influencing the sukuk market growth? SWOT analysis of the sukuk market.

For detailed insights on the key dynamics influencing the sukuk market growth and SWOT analysis of the sukuk industry, request a sample here.