Sukuk issuances continue to grow with over USD26.6bln placed during the second quarter to bring the first half total to USD61.2bln. However momentum may wane as June issuances fall and sukuk yields surge to 25 month high. The global sukuk market has shown resilience this year given the volatility in global bond markets as market players react to positive economic growth prospects as well as concerns over monetary policy in the US, the world's largest bond market.
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