Bond Liberty WWI Sukuk Islamic Treasury 2026

Robert Gultig

3 January 2026

Bond Liberty WWI Sukuk Islamic Treasury 2026

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Written by Robert Gultig

3 January 2026

Bond Liberty WWI Sukuk Islamic Treasury 2026

The Islamic finance market is witnessing significant growth, driven by increased demand for Sharia-compliant investment opportunities and the rising importance of ethical investing among global investors. According to the Islamic Financial Services Board, the global Islamic finance market was valued at approximately $2.88 trillion in 2021, with expectations to reach $4.94 trillion by 2026. The issuance of Sukuk, particularly those linked to specific projects such as the Bond Liberty WWI Sukuk, is on the rise, reflecting both investor interest and governmental support for sustainable financing solutions. In 2021, Sukuk issuance reached around $175 billion, indicating the robust health of this asset class.

Top 20 Bond Liberty WWI Sukuk Islamic Treasury 2026 Entities

1. **Malaysia**
– Malaysia remains a leader in the global Sukuk market with a market share of approximately 45%. The country issued Sukuk worth $53 billion in 2020, reflecting its strong regulatory framework and investor confidence.

2. **Saudi Arabia**
– As one of the largest issuers, Saudi Arabia’s Sukuk market was valued at $20 billion in 2021. The government’s Vision 2030 initiative has further boosted the issuance of Islamic bonds to fund various infrastructure projects.

3. **United Arab Emirates (UAE)**
– The UAE issued Sukuk worth $8.5 billion in 2021, driven by its diversified economy and strong financial regulations. It hosts numerous Islamic financial institutions, enhancing its Sukuk market’s growth.

4. **Indonesia**
– Indonesia’s Sukuk issuance reached $12 billion in 2021, making it one of the fastest-growing markets. The government actively promotes Islamic finance to fund national development projects.

5. **Turkey**
– Turkey’s Sukuk market saw issuances of $3.5 billion in 2021, with a growing interest in Islamic financial products among domestic and international investors.

6. **Pakistan**
– Pakistan’s Sukuk market is expanding, with recent issuances totaling $1.2 billion in 2021. The government is increasingly looking to Sukuk to finance its budget deficit.

7. **Bahrain**
– Bahrain has a thriving Sukuk market, with issuances reaching $1 billion in 2021. The country is known for its robust Islamic banking and finance regulations.

8. **Kuwait**
– Kuwait’s Islamic financial assets were estimated at $65 billion in 2021, with Sukuk issuance contributing significantly to this figure. The country continues to attract foreign investment through its Sukuk offerings.

9. **Qatar**
– Qatar issued Sukuk worth $5 billion in 2021, driven by infrastructure investments related to the FIFA World Cup 2022. Its robust financial infrastructure supports Sukuk growth.

10. **Oman**
– Oman has recently entered the Sukuk market, issuing $1 billion in 2021. The government seeks to diversify its funding sources through Islamic finance.

11. **Egypt**
– Egypt’s Sukuk market is emerging, with $1 billion in issuances by 2021. The government aims to bolster its budget through Sharia-compliant financing.

12. **Jordan**
– Jordan issued its first Sukuk in 2021, totaling $500 million, marking a significant step in Islamic finance adoption in the region.

13. **Morocco**
– Morocco has a growing Islamic finance sector, with Sukuk issuance reaching $400 million in 2021. The government is exploring Sukuk to fund development projects.

14. **Bangladesh**
– Bangladesh’s Sukuk market is nascent but growing, with the government planning to issue its first Sukuk worth $300 million to finance infrastructure.

15. **Nigeria**
– Nigeria issued its first Sukuk in 2017, and by 2021, total Sukuk issuance reached $1.5 billion. The government seeks to leverage Islamic finance for development.

16. **South Africa**
– South Africa’s Sukuk market is gaining traction, with the issuance of $500 million in 2021. The country aims to attract Islamic investments for infrastructure.

17. **Algeria**
– Algeria is exploring Sukuk to finance its public projects, with plans to issue $200 million in Sukuk by 2022.

18. **Tunisia**
– Tunisia issued $300 million in Sukuk in 2021, marking its entry into the Islamic finance market aimed at financing development projects.

19. **Lebanon**
– Lebanon’s Sukuk market is currently limited, but discussions are underway to explore Islamic financing options, with potential issuances in the future.

20. **Yemen**
– Yemen has not yet issued Sukuk but is studying the feasibility of Islamic finance to fund humanitarian projects in the region.

Insights

The Bond Liberty WWI Sukuk Islamic Treasury 2026 reflects the robust growth trajectory of the global Sukuk market, which has seen a surge in issuance due to increasing investor appetite for ethical and Sharia-compliant investments. The total Sukuk market is projected to grow from $175 billion in 2021 to over $300 billion by 2026, fueled by supportive regulatory environments and governmental initiatives promoting infrastructure development. With countries like Malaysia and Saudi Arabia leading the charge, the integration of Sukuk into broader financial markets is expected to enhance liquidity and diversify funding sources for developmental projects. As sustainability becomes a focal point for investors, Sukuk is positioned to play a critical role in financing a wide range of initiatives, aligning financial returns with social and environmental impact.

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Author: Robert Gultig in conjunction with ESS Research Team

Robert Gultig is a veteran Managing Director and International Trade Consultant with over 20 years of experience in global trading and market research. Robert leverages his deep industry knowledge and strategic marketing background (BBA) to provide authoritative market insights in conjunction with the ESS Research Team. If you would like to contribute articles or insights, please join our team by emailing support@essfeed.com.
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