The Role of Sukuk in Islamic Capital Markets
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2.3 KEY DOMESTIC AND GLOBAL INSTITUTIONS IN THE SUKUK MARKET
AND THEIR ROLES
Domestic and international institutions are pre-requisites to the growth and development of
sukuk markets, both local and global. While domestic institutions are pertinent to the
promotion of a country’s domestic and international sukuk issuance, international institutions
play their roles in fueling the growth and sustainability of the global sukuk market.
2.3.1 KEY ROLES OF DOMESTIC AND INTERNATIONAL INSTITUTIONS
Prominent Domestic Institutions
Each country has its own domestic institutions that play key roles in different stages of sukuk
market development. The most prominent domestic institutions are highlighted in Figure 2.3.
Figure 2.3: Domestic Institutions in the Development of Sukuk Structures and Issuances
Source: ISRA
Section 3 of this publication will discuss in greater detail the roles of these domestic
institutions and other key stakeholders in developing successful and sustainable sukuk
markets.