Description

Recent years have witnessed a surge in the issuance of Islamic capital market securities (sukuk) by corporates and public sector entities amid growing demand for alternative investments. As the sukuk market continues to develop, new challenges and opportunities for sovereign debt managers and capital market development arise. This paper reviews the key developments in the sukuk market and informs the debate about challenges and opportunities going forward.

More publications in this series: Policy Discussion Papers

More publications by: Amadou N Sy ; Peter J Kunzel ; Paul S Mills ; Andreas Jobst