Bringing you live news and features since 2006 

Growth in sukuk issuance offers Islamic funds an opportunity, says report


Standard & Poor’s Ratings Services believes that the sukuk market has grown large enough to support a transformation in the Islamic fund industry.

The sukuk market returned to growth in the first half of 2010. Global sukuk issuance topped USD13.7bn during this period, nearly twice the USD7.1bn recorded during the same period last year.

S&P says the slight improvement in market conditions since the significant slowdown in 2008 has contributed to this performance.
"Sukuk funds are increasingly popular among investors as they produce fixed-income returns similar to those from traditional fixed-income investment products," says Standard & Poor’s credit analyst Samira Mensah. "Sukuk funds also help investors to diversify away from pure equity and real estate funds, which suffered heavily during the last credit cycle."
Mensah believes the expansion of the sukuk funds industry will go hand in hand with the growth of the sukuk market, which continues to face obstacles.

“We believe the success of efforts by governments and other market participants to remove those obstacles will shape the direction the sukuk market and funds industry will take in the future."

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by