Aramco uncovers ‘pent-up’ demand in sukuk market as issuance expected to grow

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Aramco uncovers ‘pent-up’ demand in sukuk market as issuance expected to grow

Alamy_SaudiAramco_dollar_575x375_10June2021
2CF8C59 In this photo illustration a Saudi Aramco logo is seen displayed on a smartphone lying on 100 dollar bills | Alamy Stock Photo

A brace of sukuk trades from the Gulf this week racked up enormous order books, demonstrating the voracious demand for Sharia-compliant paper. With a hungry investor base, sukuk issuance is expected to grow, despite some "teething problems".

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