
Distribution of sukuk issuance globally 2023, by currency
Nearly one third of the total sukuk issuance globally in 2023 was in Malaysian ringgit, the largest of any single currency. Following this was the U.S. dollar at just over 31 percent, and the Saudi riyal at nearly 6.8 percent. The vast majority of sukuk issued in 2023 were issued on domestic markets, in domestic currencies.