Launching our Sukuk Toolkit

One of the major developments in the modern international Islamic finance industry is the growth in the issuance of Sukuk.

Following a slow-down earlier in the decade, the volume of Sukuk issuance has increased year-on-year from 2016 to 2019, while forecasts for 2020 were positive before the outbreak of the coronavirus.

The increase in corporates and sovereigns issuing Sukuk from an increasing number of countries, including non-Muslim countries, has contributed to this growth, as a broader base of issuers and investors come to better understand the immense potential of the instrument.

As Sukuk move ever closer to the mainstream, their effectiveness as an alternative means of raising finance becomes more apparent.

Sukuk are important financial instruments for a number of reasons. Sukuk are in demand by investors who wish to comply with Shariah principles. Tradable Sukuk issued by rated issuers are also essential for Islamic financial institutions to enable them to manage their short-term liquidity requirements.

This toolkit has been designed to provide potential issuers of, and investors in, Sukuk with a detailed introduction to the instrument, analysis of how they differ from conventional bonds and a summary of the different types of Sukuk that can be issued.

Interested in learning more about how we can support you in arranging or issuing Sukuk? Get in touch with Lee Irvine or Muneer Khan.