15 January 2014 Despite the renewed enthusiasm in the sukuk world, 2013 proved to be lackluster in terms of the value raised. According to Zawya Islamic, Islamic bonds issued globally in 2013 amounted to USD 116 billion through 782 issues, a 15% drop from the USD 136 billion raised in 2012 following the issuance of 728 bonds. This drop can be attributed to the decrease of issuances in Malaysia, wh
ZAWYA
January 15, 2014
15 January 2014
By Sherine Rafehi of Zawya - Thomson Reuters
Despite the renewed enthusiasm in the sukuk world, 2013 proved to be lackluster in terms of the value raised. According to Zawya Islamic, Islamic bonds issued globally in 2013 amounted to USD 116 billion through 782 issues, a 15% drop from the USD 136 billion raised in 2012 following the issuance of 728 bonds. This drop can be attributed to the decrease of issuances in Malaysia, which has sold USD 79 billion compared to USD 100 billion in 2012 - buoyed especially by a huge program PLUS worth USD 10billion that was issued in January 2012.
