Cross-Sector – Islamic Finance: GCC and Malaysia will drive growth across Shariah-compliant products in 2020
30 Mar 2020|Moody's Investors Service
The Islamic finance sector remains underrepresented in the global financial system and has ample room to expand. Islamic banking, sukuk and takaful markets will continue to expand as governments support their development to meet increased demand.
Sovereigns & Supranationals – Global: Modest growth in 2020 sovereign sukuk issuance to reflect financing needs, nascent demand for green offerings
25 Mar 2020|Moody's Investors Service
Global sovereign long-term sukuk issuance will grow modestly in 2020, continuing the expansionary trend of the past few years. Larger issuers are driving growth in overall volumes even as some smaller issuers have not sought to refinance maturing repayments, leading to greater market concentration.