Excerpt:
"However, the sukuk market is more concentrated, smaller and less liquid than its conventional counterpart. In addition, the process for issuance remains relatively complex and time-consuming, and involves higher transaction costs.
As such, it is expected that the overall volume of issuance will be muted this year, even if a slight recovery follows on from the steep decline seen in recent months. S&P anticipates that the volume of issuance will reach $10bn in 2020, against the $162bn seen in 2019."
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