$14.4 billion in sukuk issuances in the UAE during 2024

The value of Sukuk issuances in the UAE market reached $14.4 billion during the year 2024, according to S&P Global Credit Ratings Agency.
Mohammed Damak, Global Head of Islamic Finance at S&P Global Credit Ratings, told the Emirates News Agency, WAM, that S&P expects the volume of Sukuk issuances in the UAE to range between $14 billion and $15 billion during 2025, driven by… Mainly from bank and institutional issues.
Damak pointed to the strong financial performance in the UAE in light of a supportive economic environment and remarkable financial discipline.