Moody's

Sukuk market set for H2 recovery as GCC issuers return: Moody’s 
  • Global sukuk issuance is expected to recover to $140-$150 billion in H2 2026.
  • First-half sukuk issuance in 2026 rose 2% to $130 billion, driven by increased short-term issuance and corporate activity.
  • GCC sukuk issuance declined by 23% to $51.1 billion in H1 2026, influenced by conflict-related volatility and issuer-specific factors.
  • Southeast Asia was the largest contributor to global sukuk issuance in the first half of 2026.