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Sukuk Market Report 2022-2027, Size, Share, Growth, Trends and Forecast

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According to IMARC Group’s latest report, titled “Sukuk Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global sukuk market reached a value of US$ 767 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,987.7 Billion by 2027, exhibiting a CAGR of 17% during 2022-2027. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. A Sukuk refers to the financial certificate that is issued in Islamic countries to represent the share of ownership in a portfolio of eligible or existing assets. It offers the investor proof of possession in an underlying asset and several financial obligations while conducting trade and other commercial activities. Furthermore, Islamic law prohibits the lending of money with interest payments, thereby forbidding the use of conventional bonds for financial transactions. Consequently, sukuk is used as an alternative, which does not display any debt obligation as the issuer utilizes the proceeds from the certificate to purchase an asset. Request Free Sample Report https://www.imarcgroup.com/sukuk-market/requestsample Market Trends: The inflating levels of urbanization in the Middle Eastern countries are primarily driving the sukuk market. Additionally, the increasing number of cross-border transactions is further catalyzing the market growth. Besides this, the launch of numerous favorable policies by government bodies for establishing sophisticated Shariah-compliant financial institutions with innovative products and services is acting as another significant growth-inducing factor. Moreover, various Islamic banking institutions are seeking strategic partnerships with foreign organization to participate in trade with other countries, which is also propelling the demand for sukuk. Apart from this, the rising investments in analytics that can offer better user experience and customized variants to the customers, on account of the widespread adoption of online transaction models, are anticipated to fuel the sukuk market over the forecasted period. Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/sukuk-market List of Key Companies Covered in this Market Report: The report has segmented the market on the basis of sukuk type, currency, issuer type and geography. Breakup by Sukuk Type: Breakup by Currency: Breakup by Issuer Type: Breakup by Geography: Key highlights of the report: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800 Twitter: https://twitter.com/ImarcServices