Value & Egypt of sukuk bonds issuances by GCC 2010-2023
In 2023, the total value of sukuk bond issuances in the Gulf Cooperation Council and Egypt reached an all time high of 36 billion U.S. dollars. Since 2010, the sukuk bond issuance market in the region has generally increased each subsequent year. However, major dips in fiscal year 2015, and 2022 were seen dropping by roughly six and 14 billion USD over the previous year, respectively.