Nearly one third of the total sukuk issuance globally in 2023 was in Malaysian ringgit, the largest of any single currency. Following this was the U.S. dollar at just over 31 percent, and the Saudi riyal at nearly 6.8 percent. The vast majority of sukuk issued in 2023 were issued on domestic markets, in domestic currencies.
Distribution of total sukuk issuance worldwide in 2023, by currency
A "sukuk" is a financial certificate similar to a bond, but structured so as to comply with Islamic religious law (Sharia). The core difference is that a sukuk involves direct ownership in the asset/s the issuer purchases with the funds raised, whereas bonds are indirect debt obligations. Income received by the sukuk holder is therefore income generated by the underlying asset, whereas income from bonds is structured as interest payments.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IFSB. (September 12, 2024). Distribution of total sukuk issuance worldwide in 2023, by currency [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1264358/distribution-sukuk-issuance-currency/
IFSB. "Distribution of total sukuk issuance worldwide in 2023, by currency." Chart. September 12, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1264358/distribution-sukuk-issuance-currency/
IFSB. (2024). Distribution of total sukuk issuance worldwide in 2023, by currency. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1264358/distribution-sukuk-issuance-currency/
IFSB. "Distribution of Total Sukuk Issuance Worldwide in 2023, by Currency." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/statistics/1264358/distribution-sukuk-issuance-currency/
IFSB, Distribution of total sukuk issuance worldwide in 2023, by currency Statista, https://www.statista.com/statistics/1264358/distribution-sukuk-issuance-currency/ (last visited January 08, 2025)
Distribution of total sukuk issuance worldwide in 2023, by currency [Graph], IFSB, September 12, 2024. [Online]. Available: https://www.statista.com/statistics/1264358/distribution-sukuk-issuance-currency/
