[Outlook-in-Five] Sukuk: A growing asset class in global markets

Our latest podcast episode will explain what sukuk are and how they differ from conventional bonds. Sukuk are financial certificates structured to comply with Islamic (or Shariah) Law. Sukuk represented about 29% of the broader Islamic finance industry, valued at USD 3.3 trillion in 2023. The sukuk market is expected to continue to grow in the near-to-medium term, with year-to-date issuance figures suggesting it will surpass USD 1 trillion by the end of 2025. Tune in to our latest episode with David Makoni, Senior Fixed Income Research Analyst, as he shares the bank’s insights into sukuk as a growing asset class and portfolio diversifier.