Sukuk Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global Sukuk Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
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Acco r d ing  t o  t he  l a t es t  r ep o r t  by  I M ARC  G r oup ,  t i t l e d  " Suku k  M ar ke t :  G l o ba l  
I ndu st ry  T r ends ,  Sh are ,  S i z e ,  G row t h ,  O pp or t un i t y  and  For ecas t  20 24 -
2032 , "  t he  g loba l  su kuk  m ar ke t  s i z e  r ea ched  US$  1 , 06 3 . 3  B i l l i on  in  202 3 .
Factors  Af fect ing the  Growth of  the Sukuk Indust ry :
Report I s lamic  F inance Growth:
I s l am ic  f i na nce  i s  w i t nes s ing  s ig n i f i ca n t  g loba l  expan s ion  as  i t  a ppea ls  t o  a  b r oa de r  
bas e  o f  i nves t o r s  seek ing  e t h i c a l  i nve s t m e n t  op po r t un i t i es  t ha t  com p ly  w i t h  Sha r iah  
Highlight and p r inc ip les .  O n e  o f  t he  m os t  p r o m inen t  i ns t r um en t s  i n  t h i s  f ie l d  i s  suk uk ,  w h ich  a r e  
I s l am ic  f i na nc ia l  c e r t i f i ca t es  l i k e  bond s  b u t  s t r u c t u r ed  i n  suc h  a  way  t ha t  t hey  a vo id  
i n t e r es t ,  a l i g n ing  w i t h  I s l am ic  p r oh ib i t i ons  aga ins t  usu r y .  As  t he  d em an d  f o r  
Description Shar iah - c om p l i a n t  f in anc ia l  p r o duc t s  i nc r ease s ,  so  doe s  t h e  dem and  f o r  s uku k .  
They  o f f e r  a  v iab le  a l t e r n a t i v e  t o  conve n t i ona l  bo nds ,  p r ov id in g  i nve s t o r s  w i t h  p r o f i t  
sha r es  o r  r en t a l  i nc om e  ins t ead  o f  i n t e r es t  pay m en t s .  Th i s  g r o w t h  i s  d r i ven  by  
M us l im - m a jo r i t y  c oun t r i es  a nd  b y  no n - I s la m ic  m ar ke t s  s how in g  i n t e r es t  i n  e t h i ca l  
and  soc ia l l y  r e spons ib le  i nves t i ng ,  f u r t he r  b r oad en in g  t he  app ea l  and  app l i c a t i on  o f  
suku k  i n  d i ve r s e  f i na nc ia l  po r t f o l i os .
Growing In f rastructure Development  Act iv i t ies:
Sukuk  a re  inc reas ing l y  f avo red  fo r  f und ing  l a rge -sca le  in f r as t ruc t u re  p ro jec t s  due  
to  t he i r  s t r uc t u re  and  compl iance  w i th  Shar iah  laws .  These  pro jec ts  o f t en  requ i re  
subs t an t ia l  up f ron t  cap i ta l ,  and  sukuk  prov ides  a  means  t o  ra ise  t h i s  cap i t a l  wh i l e  
Report adher ing  t o  I s lam ic  f i nanc ing  pr inc ip les .  Add i t i ona l l y ,  gove rnmen t s  and  co rpo ra t ions  can  a t t r ac t  cap i t a l  f rom inves t or s  who  a re  spec i f i ca l l y  look ing  fo r  
e t h i ca l l y  comp l ian t  ways  t o  con t r i bu te  t o  deve lopmen ta l  p ro jec t s  such  as  a i r por t s ,  
Highlight and h ighways ,  and  u t i l i t i es  by  i ssu ing  sukuk .  
Th is  he lps  i n  b r idg ing  the  f und ing  gap  f o r  t hese  essent i a l  ser v i ces  and  p romotes  
Description economic  g rowth  and deve lopment  w i t h in  the  f ramework  o f  I s l am ic  f i nance.  Thus ,  t he  success  o f  t hese  f inanc ing  i ns t rumen ts  i n  f und ing  majo r  in f r as t ruc t u re  
p ro jec ts  has  p roven  the i r  e f f i cacy  and  re l iab i l i t y ,  wh i ch  in  t u rn  encourages  m ore  
en t i t i es  to  cons ider  sukuk  fo r  t he i r  f i nanc ing  needs .
Ris ing Educat ional  Awareness:
The  growt h  o f  t he  sukuk  marke t  i s  a lso  suppor t ed  by  inc reas ing  educa t iona l  
awareness  o f  I s lam ic  f i nance  pr inc ip l es  among  i nves t or s  and  i ssuers .  As  more  
educa t i ona l  i ns t i t u t ions  inc lude  I s lam ic  f i nance i n  t he i r  cu r r i cu la  and  pro fess iona l  
deve lopmen t  p rograms ,  unders tand ing  and  accep tance  o f  p roduc t s  l i ke  sukuk  are  
in f luenc ing  marke t  g rowt h .
Th is  educa t iona l  push  he lps  demys t i f y  I s lamic  f inance ,  mak ing  i t  mo re  
access ib le  and  a t t rac t ive  to  a  b roader  aud ience .  Moreover ,  as  p ro fess iona ls  
and  inves to rs  become more  knowledgeab le  abou t  t he  bene f i t s  and  s t ruc tu res  
o f  I s lamic  f inanc ia l  p roduc ts ,  con f idence  in  these  ins t ruments  s t reng thens ,  
lead ing  to  g rea te r  pa r t i c ipa t ion  in  the  sukuk  marke t .  Bes ides ,  inc reased  
awareness  and  unders tand ing  a lso  fos te r  i nnova t ion  w i th in  the  f ie ld ,  lead ing  to  
Report more  ta i l o red  and  soph is t i ca ted  f i nanc ia l  so lu t ions  tha t  mee t  the  needs  o f  
modern  f i nance  wh i le  adher ing  to  t rad i t iona l  I s lamic  p r inc ip les .
Highlight and 
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Description
Report Description
Global Sukuk Market Trends:
There has been a growing issuance o f  sukuk g lobal ly  due to  Is lamic and non- Is lamic countr ies 
seek ing a l ternat ive f inancing opt ions.  Addi t iona l ly ,  the t rend toward innovat ive sukuk s tructures,  
such as green and socia l  sukuk,  a imed at  f inancing susta inable  and socia l ly  responsib le  pro jects is  
in f luenc ing the market  g rowth.  
Along wi th  th is ,  regula tory f rameworks suppor t ing sukuk issuance have been evo lv ing,  fac i l i ta t ing 
easier  access to  Is lamic f inance markets.  Besides,  severa l  d iverse ent i t ies are enter ing the sukuk 
market ,  inc lud ing sovere igns,  corporates,  and mul t i la tera l  ins t i tu t ions,  contr ibut ing to  market  depth 
and l iqu id i ty  across the reg ion.
View Report  TOC, F igures and Tables :  ht tps: / /www.imarcgroup.com/sukuk-market
Breakup by Sukuk Type:
• Murabahah Sukuk
• Salam Sukuk
• Ist isna Sukuk
• I jarah Sukuk
• Musharakah Sukuk
Report • Mudarabah Sukuk
• Hybrid Sukuk
Segmentation • Others
Breakup by Currency:
• Turkish Lira
• Indonesian Rupiah
• Saudi Riyal
• Kuwait i  Dinar
• Malaysian Ringgit
• United States Dol lar
• Others
Breakup by Issuer Type:
• Sovereign
• Corporate
Report • Financia l  Inst i tut ions
• Quasi -Sovereign
Segmentation • Others
Breakup by Region:
• Gulf  Cooperat ion Counci l  (GCC)
• South East  As ia
• Middle East  and Afr ica (Exc luding GCC 
Countr ies)
• Others
• Abu Dhabi Is lamic Bank PJSC
• Al Baraka Banking Group
• Al-Rajhi  Bank
• Banque Saudi  Fransi
Competitive 
• Dubai Is lamic Bank
Landscape • HSBC Holdings Plc
with Key • Kuwait Finance House
• Malayan Banking Berhad
Players
• Qatar International Is lamic Bank
• RHB Bank Berhad
• Samba Financial  Group
How has the global sukuk market performed so far, and 
how will it perform in the coming years?
What are the drivers, restraints, and opportunities in 
the global sukuk market?
What is the impact of each driver, restraint, and 
Key opportunity on the global sukuk market?
Questions What are the key regional markets?
Answered in 
Which countries represent the most attractive sukuk 
market?
the Report
What is the breakup of the market based on the sukuk 
type?
Which is the most attractive sukuk type in the sukuk 
market?
What is the breakup of the market based on the 
currency?
Which is the most attractive currency in the sukuk 
market?
What is the breakup of the market based on the issuer 
type?
Key Which is the most attractive issuer type in the sukuk market?
Questions What is the competitive structure of the global sukuk 
market?
Answered in 
the Report Who are the key players/companies in the global sukuk market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  S u k u k  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  S u k u k  T y p e
    6 . 1     M u r a b a h a h  S u k u k
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S a l a m  S u k u k
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     I s t i s n a  S u k u k
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     I j a r a h  S u k u k
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     M u s h a r a k a h  S u k u k
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
    6 . 6     M u d a r a b a h  S u k u k
        6 . 6 . 1  M a r k e t  T r e n d s
        6 . 6 . 2  M a r k e t  F o r e c a s t
    6 . 7     H y b r i d  S u k u k
Table of         6 . 7 . 1  M a r k e t  T r e n d s        6 . 7 . 2  M a r k e t  F o r e c a s t
    6 . 8     O t h e r s
        6 . 8 . 1  M a r k e t  T r e n d s
Contents         6 . 8 . 2  M a r k e t  F o r e c a s t7    M a r k e t  B r e a k u p  b y  C u r r e n c y  
    7 . 1     T u r k i s h  L i r a  
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     I n d o n e s i a n  R u p i a h
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     S a u d i  R i y a l
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     K u w a i t i  D i n a r
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /s ukuk -ma rke t / t o c
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