Financial Outlook of the OIC Member Countries 2016
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Figure 24: Total Global Sukuk Issuance (Jan 2001-Dec 2015) - Billion USD
Source: IIFM Sukuk Report 5th Edition
According to IIFM (2016), Asia accounts for 74 percent of global Sukuk issuances since the
inception of the market. GCC is the second largest destination of Sukuk, however, at 22 percent
of global Sukuk issuance, it’s a long way from Asia’s share of the total market. Malaysia, the
leader country with 67 percent of the global Sukuk issuances, is being flowed by UAE (8.1
percent), Saudi Arabia (7.8 percent), Indonesia (3.7 percent), Qatar (3.0 percent), Bahrain
(2.76 percent) and Sudan (2.1 percent).
Figure 25: Global Sukuk Issuance By region (Jan 2001-Dec 2015)
Source: IIFM Sukuk Report 5th Edition
As of 31 December 2015 total global Sukuk outstanding was 321 billion USD. Total domestic
sukuk outstanding was 230.6 billion USD while international sukuk outstanding was 90.4
billion USD (IIFM, 2016).
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
International 0,43 1,18 1,88 0,25 3,72 11,85 13,86 2,21 7,17 4,10 9,08 20,27 23,31 26,39 20,88
Domestic 0,75 0,19 5,33 6,69 10,29 21,76 36,18 22,13 30,90 49,03 84,49 117,33 112,57 80,57 39,81
0
20
40
60
80
100
120
140
74%
22%
2% 2% 0,18% 0,01%
Asia
GCC
Europe
Africa