Sukuk Issuance Trends
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1 Sukuk Issuance Trends IIFM Seminar on Islamic Finance: Sukuk and Islamic Trade Finance Prospects and Challenges 5 th December 2016, ART Rotana Hotel, Amwaj Islands, Bahrain Ismail E. Dadabhoy Adviser IIFM 1 Total GLOBAL Sukuk Issuances Jan 2001 Oct 2016 (Estimated) All Tenors, All Currencies, in USD Millions 160, , , , , , ,000 93,043 80,000 70,000 60,000 50,041 53,128 60,511 40,000 20, ,172 1,371 6,957 9,465 13,698 33,837 24, Est as of Oct ,
2 Total DOMESTIC Sukuk Issuances Jan 2001 Oct 2016 (Estimated) All Tenors, All Currencies, in USD Millions , , ,960 81, ,286 5,377 6,962 21,755 36,182 22,124 30,904 49,030 39,631 42, Est as of Oct Total INTERNATIONAL Sukuk Issuances Jan 2001 Oct 2016 (Estimated) All Tenors, All Currencies, in USD Millions 30,000 25,000 23,905 26,230 28,000 20,000 20,269 20,780 15,000 10,000 13,859 12,082 7,166 9,084 5, ,130 1,580 2,503 3,413 2, Est as of Oct ,
3 Regional Break-up of GLOBAL Sukuk Issuances (Jan 2001 Dec 2015) ASIA & FAR EAST Number of Issues Amount USD Millions % of Total Value Malaysia , % Indonesia , % Total , % GCC & MIDDLE EAST Number of Issues Amount USD Millions % of Total Value Bahrain , % Kuwait 14 2, % Qatar 21 23, % Saudi Arabia 87 59, % United Arab Emirates 95 62, % Oman % Yemen % Jordan % Total , % Europe Number of Issues Amount USD Millions % of Total Value Turkey 73 11, % Grand Total 5, , % 5 6 3
4 Issuers & Structures 7 Total GLOBAL Short-Term Sukuk Issuance All Currencies 12 Months (Jan 2001 Dec 2015) 8 4
5 INTERNATIONAL Sukuk Issuances by Issuer Status All Tenors, All Currencies, in USD Millions 9 Structural Break-up of INTERNATIONAL Sukuk Issuances All Tenors, All Currencies, in USD Millions International 2014 Structure International 2015 Structure 10 5
6 Structural Break-up of INTERNATIONAL Sukuk Issuances by Issuer Status All Tenors, All Currencies, in USD Millions Quasi Sovereign Sovereign 11 Structural Break-up of INTERNATIONAL Sukuk Issuances by Issuer Status All Tenors, All Currencies, in USD Millions CORPORATE SUKUK 12 6
7 Total GLOBAL Sukuk Outstanding by Issuer Status as of 31 st Dec 2015 Global Sukuk 13 Total DOMESTIC Sukuk Outstanding by Issuer Status as of 31 Dec 2015 Domestic Sukuk 14 7
8 Structural Break-up of Domestic Sukuk Issuances by Issuer Status (in USD Millions) 15 Structural Break-up of Domestic Sukuk Issuances All Tenors (in USD Million) 16 8
9 Case Study Indonesia Retail Sukuk Series
10
11 21 Wish List for Sukuk Develop Local Retail Sukuk Lets develop New Sukuk structure Away from Murabahah Away from Wakalah I leave you with a Final thought Consider Sovereign as a Corporate Sukuk by Investing in the country 22 11
12 Shukran Wassalamu Alaikum International Islamic Financial Market (IIFM) Office 72, 7 th Floor, Zamil Tower, P.O. Box: 11454, Manama, Kingdom of Bahrain Tel: , Fax: , info@iifm.net Website:
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