Sukuk Updates – Rasameel GCC Market Update March 2015

Sukuk issuances in March 2015 surged in terms of both value and number.

By value soared 55% y-o-y to USD2.6bn. For YTD March 2015 Sukuk issuance by value declined 39% y-o y to USD4.8bn, mainly driven by a sharp decline in sovereign (-60% y-o-y), quasi sovereign issuances (-33%) and corporate issuances (-15%). Corporates comprised 50% of the total issuance volume for YTD March 2015, followed by sovereign at 29% and quasi-sovereign issuances at 21%.

Download Rasameel GCC Market Update March 2015.