Continuation
Until a few years
ago, the market demand for sukuk was limited outside of:
-
Asia
-
and the GCC
region.
The new issuances
made in 2012 were dominated by government institutions.
These are the:
-
construction services
-
and financial
services
industries.
It benefited from
a compound annual growth rate of 57% over the past decade.
Thus, the value
of outstanding global sukuk reached an estimated USD 225 billion at the end of
2012.
From the research paper of
European Central Bank
(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho,
B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)
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