Investor Presentaiton
Market and trends
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Global market size 2016: U.S$40.3 bn (deal value), 135 issues
Significant increase in global sukuk issues since mid-2011
Sukuk pricing has become cheaper as demand has increased
Move towards hybrid structures
Changing nature of assets underpinning sukuk, capacity-based sukuk –
airtime, ATKMs, concession rights
Sukuk more widely used by broader range of issuers: sovereigns,
telecoms companies, airlines
Sovereign issuers (Oman, Qatar, Hong Kong, Pakistan, Bahrain, Dubai,
UK, Luxembourg)
59% of sukuk issued in 2016 was by governmental institutions
Dominance of Malaysia and Malaysia Ringgit
Significant innovation in last 10 years- market has seen: project finance
sukuk, amortising sukuk, export-credit agency based sukuk, regulatory
capital sukuk
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