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DUBAI (WAM)
In 2024, the volume of Sukuk issued by UAE-based issuers reached $14.4 billion, according to S&P Global Ratings.
Speaking to the Emirates News Agency (WAM), Mohamed Damak, Managing Director and Global Head of Islamic Finance at S&P Global Ratings, said, “We expect the volume of Sukuk issuance in the UAE to hover around $14-15 billion in 2025 underpinned by banks and corporate issuances.”
Damak emphasised the UAE's robust financial performance, driven by a supportive environment and sound fiscal management.
