Tag: Sukuk
Three nations to be largest sovereign sukuk issuers
Moody's Investors Service predicts Malaysia, Indonesia, and Turkiye will become the largest sovereign sukuk issuers in 2023-2024. Malaysia's fiscal deficit is expected to decrease to around 5% of GDP, supporting annual sovereign sukuk issuance of US$20-22 billion.
Global Sukuk issuance to stop growing for the first time in...
Moody's reports global Sukuk issuance will remain flat in 2023 after five years of growth. Higher crude prices reduce Gulf governments' financing needs. Southeast Asian markets like Malaysia and Indonesia drive first-half issuance, with a 3% increase to US$102 billion, while Gulf region volumes decline.
