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Bond Market News
Record $33bn YTD Issuance of Dollar Sukuk; View the 25 Largest USD Sukuk Outstanding
July 15, 2024
Dollar denominated sukuk issuances this year have topped $33bn year-to-date, its highest ever during this time period, as recorded by Bloomberg data. Sukuk issuance volumes during the first half of this year have surpassed nearly 78% of the record $42bn sukuk issuances seen during the calendar year 2023. Besides, it has nearly touched 2021’s annual volumes of $34bn, a record at the time. Given the rise in sukuk issuances and its popularity, we have compiled a list of the top 25 largest USD-denominated sukuk, sorted by the amount outstanding, taking liquidity into consideration.
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