Financial Outlook of the OIC Member Countries 2016
31
Figure 26: Total Global Sukuk Outstanding as of 31st December 2015- Billion USD
Source: IIFM Sukuk Report 5th Edition
Analyzing the Sukuk market by sector, although there is a dramatic fall according to 2014 (60.5
percent in 2014), the leading sector is government sector followed by financial services,
transportation, power & utilities, construction, real estate.
Figure 27: Sukuk Issuance by Sector (11M2015) - %
Source: IFSB, Islamic Financial Stability Report 2016
Islamic Indices: As a consequence of demand for sophisticated investment solutions that are
adhere to the tenets of Islamic law, Shariah compliant benchmarks, which are subsets of
conventional benchmarks that include only those companies passing rules-based screens for
2010 2011 2012 2013 2014 2015
International 0,823 8,066 19,825 22,288 20,59 15,47
Domestic 7,071 24,55 45,76 46,315 29,761 33,86
0
10
20
30
40
50
60
70
80
43,48
34,43
4,48 3,82
6,9
6,89
2,19
1,54
0,59
0,37
0,94
0,4
0,72
0,15
2,58
Governmnet
Financial Services
Power & Utilities
Construction
Transportation
Other
Real Estate
Agriculture
Telecommunications
Healthcare
Retail