Press release
Sukuk Market Report, Size, Share, Trends and Forecast 2023-2028
Report Highlights
How big is the sukuk market?
The global sukuk market size reached US$ 915 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,276 Billion by 2028, exhibiting a growth rate (CAGR) of 16.2% during 2023-2028.
What is sukuk?
A Sukuk refers to the financial certificate that is issued in Islamic countries to represent the share of ownership in a portfolio of eligible or existing assets. It offers the investor proof of possession in an underlying asset and several financial obligations while conducting trade and other commercial activities. Furthermore, Islamic law prohibits the lending of money with interest payments, thereby forbidding the use of conventional bonds for financial transactions. Consequently, sukuk is used as an alternative, which does not display any debt obligation as the issuer utilizes the proceeds from the certificate to purchase an asset.
Request for a free sample copy of this report: https://www.imarcgroup.com/sukuk-market/requestsample
What are the growth prospects and trends in the sukuk industry?
The inflating levels of urbanization in the Middle Eastern countries are primarily driving the sukuk market. Additionally, the increasing number of cross-border transactions is further catalyzing the market growth. Besides this, the launch of numerous favorable policies by government bodies for establishing sophisticated Shariah-compliant financial institutions with innovative products and services is acting as another significant growth-inducing factor. Moreover, various Islamic banking institutions are seeking strategic partnerships with foreign organization to participate in trade with other countries, which is also propelling the demand for sukuk. Apart from this, the rising investments in analytics that can offer better user experience and customized variants to the customers, on account of the widespread adoption of online transaction models, are anticipated to fuel the sukuk market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Sukuk Type:
Murabahah Sukuk
Salam Sukuk
Istisna Sukuk
Ijarah Sukuk
Musharakah Sukuk
Mudarabah Sukuk
Hybrid Sukuk
Others
Breakup by Currency:
Turkish Lira
Indonesian Rupiah
Saudi Riyal
Kuwaiti Dinar
Malaysian Ringgit
United States Dollar
Others
Breakup by Issuer Type:
Sovereign
Corporate
Financial Institutions
Quasi-Sovereign
Others
Breakup by Region:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Abu Dhabi Islamic Bank PJSC
Al Baraka Banking Group
Al-Rajhi Bank
Banque Saudi Fransi
Dubai Islamic Bank
HSBC Holdings Plc
Kuwait Finance House
Malayan Banking Berhad
Qatar International Islamic Bank
RHB Bank Berhad
Samba Financial Group
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2263&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sukuk Market Report, Size, Share, Trends and Forecast 2023-2028 here
News-ID: 3195438 • Views: …
More Releases from IMARC Group
Hexene Production Plant Setup Cost in 2026: Equipment, Raw Materials, and Invest …
IMARC's new report titled "Hexene Production Cost Analysis Report 2026: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue," provides a complete roadmap for setting up a Hexene production plant. The study covers all the requisite aspects one needs to know while entering the Hexene industry. It offers a comprehensive breakdown of the Hexene production plant setup cost, providing detailed insights into initial capital requirements and infrastructure…
Mexico In-Vitro Diagnostics Market Size, Share, Industry Trends, Growth Factors …
IMARC Group has recently released a new research study titled "Mexico In-Vitro Diagnostics Market Report by Test Type (Clinical Chemistry, Molecular Diagnostics, Immunodiagnostics, Hematology, and Others), Product (Reagents and Kits, Instruments), Usability (Disposable IVD Devices, Reusable IVD Devices), Application (Infectious Disease, Diabetes, Cancer/Oncology, Cardiology, Autoimmune Disease, Nephrology, and Others), End User (Hospitals Laboratories, Clinical Laboratories, Point-of-care Testing Centers, Academic Institutes, Patients, and Others), and Region 2025-2033", offers a detailed analysis…
Bamboo Paper Plant Setup 2025: CAPEX Breakdown & Machinery Sourcing Guide
Bamboo paper is an eco-friendly paper product manufactured using bamboo pulp instead of traditional wood pulp. Bamboo grows rapidly, requires minimal water and chemicals, and regenerates naturally, making it a highly sustainable raw material for the paper industry. Bamboo paper is widely used in printing and writing paper, tissue paper, packaging materials, notebooks, and specialty paper products, offering good strength, smooth texture, and reduced environmental impact compared to conventional paper.
Setting…
Interlocking Paver Blocks Manufacturing Plant Report 2025: Setup Details, Capita …
Interlocking paver blocks are precast concrete paving units designed to interlock with each other, forming a durable and flexible pavement surface. Manufactured using cement, aggregates, sand, and pigments, these blocks are widely used in driveways, walkways, parking areas, industrial floors, roads, and landscaping projects. Their high load-bearing capacity, aesthetic appeal, easy maintenance, and long service life make interlocking paver blocks a preferred alternative to conventional asphalt and concrete pavements.
Setting up…
More Releases for Sukuk
Prominent Sukuk Market Trend for 2025: Sukuk Market Innovates With Sustainable F …
"What combination of drivers is leading to accelerated growth in the sukuk market?
Middle Eastern nations' swift urbanization is predicted to boost the sukuk market's expansion. Urbanization involves a country's populace steadily transitioning from rural to urban settings, resulting in a faster increase in urban inhabitants compared to rural ones. Urbanization creates a need for infrastructure investment, in turn promoting economic advancement through various means such as reducing transaction charges and…
Sukuk Market Analysis, Trends, Growth, Research And Forecast 2033
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…
Sukuk Market Grows Exponentially with Key Drivers and Lucrative Opportunities
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Sukuk Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The sukuk market size has grown rapidly in recent years. It will grow…
Sukuk: Pinpointing the Next Wave of Mega Deals
Dubai, UAE: Industry experts predict Sukuk issuance will reach $100 billion in the next five years. According to recent statistics, Islamic Sukuk issuance in the Gulf and other Arab countries had reached $14 billion by the first quarter of 2006. The growth and development of the Sukuk industry will be under discussion at the World Islamic Funds & Capital Markets Conference. The third edition of the annual conference will…
Sukuk Forum Dubai sponsored by Sanad Sukuk Fund
The Middle East Business Forum will be gathering in Dubai on 25 April 2007 at the Grand Hyatt to focus its members’ attention towards the phenomenal growth of the Sukuk industry across international markets.
The Gold Sponsor, Sanad Sukuk Fund, is the world’s first GCC-oriented, diversified Sukuk fund. Sukuk—which are also known as “Islamic bonds”—have, until now, been difficult to purchase for the vast majority of Muslims leaving them unable…
3rd Islamic Wealth Management Event sponsored by Sanad Sukuk Fund
Michael Gassner Consultancy Ltd has organised the 3rd annual Islamic Wealth Management event in Geneva at the Hotel du Rhone on 24 & 25 April 2007. The event has grown year by year and offers intimate insights into the Islamic Private Banking industry, its differences and commonalities with the conventional industry.
The Silver Sponsor, Sanad Sukuk Fund, is the world’s first GCC-oriented, diversified Sukuk fund. Sukuk—which are also known as…
