S&P Global Ratings believes that global sukuk issuance volumes will continue declining this year to total about $150 billion, compared with $155.8 billion in 2022 and $170.4 billion in 2021, according to a new report.
“We expect lower and more expensive global liquidity, increased complexity, and reduced financing needs for issuers in some core Islamic finance countries to deter the market,” said S&P Global Ratings credit…
