National and Global Islamic Financial Architecture:
Prolems and Possible Solutions for the OIC Member Countries
39
December 2015 was USD 321 billion with USD 230.6 billion being domestic and the remaining
USD 90.4 billion being international.
Chart ‎2.25: Global Sukuk Issuance Jan 2001-Dec 2015
Source: Calculated from IIFM Sukuk Report 2016
Chart 2.26 shows the geographical distribution of global sukuk issuances during 2001-2015.
The largest number of sukuk issued was from Asia and the Far East with a total of 5116 (5038
domestic and 78 international) sukuks valued at USD 566.6 billion (USD523.6 billion domestic
and USD43 billion international) being issued during the period. The GCC and Middle East
issued the second largest number of sukuk (563) distributed into 320 international sukuk
valued at USD 96.7 billion and 243 domestic sukuk worth USD72.7 billion. The rest of the
world, including Africa and Europe, had a relatively lower number of sukuk, issuing a total of
335 (297 domestic and 38 international) sukuk with a value of USD 31.6 billion (USD 22.4
billion domestic and USD 9.2billion international).
767,1
618,3
148,8
321,0 230,6 90,4
6014
5655
359
0
1000
2000
3000
4000
5000
6000
7000
0
100
200
300
400
500
600
700
800
900
Total Domestic International
No. of Issuances USD (bn.)
Value of Global Sukuk Issuances (US$, bn.) (2001-2015)
Value of Total Outstanding Sukuk on Dec 2015 (US$,bn.)
Number of Global Sukuk Issuances (2001-2015)