ISLAMIC FINANCE: AN ALTERNATIVE SOURCE OF CAPITAL
PEER GROUP DIALOGUE ON SUKUK
THE WORLD BANK & INTERNATIONAL FINANCE CORPORATION
Strictly Private & Confidential
June 2014
A N A LTERNATIVE S OURCE OF C APITAL P EER G ROUP D IALOGUE ON S UKUK - - PowerPoint PPT Presentation
I SLAMIC F INANCE : A N A LTERNATIVE S OURCE OF C APITAL P EER G ROUP D IALOGUE ON S UKUK T HE W ORLD B ANK & I NTERNATIONAL F INANCE C ORPORATION Strictly Private & Confidential June 2014 D ISCLAIMER Confidential This presentation is
Strictly Private & Confidential
June 2014
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This presentation is for informational purposes only and is being furnished on a confidential basis to a limited number of recipients. The information in this document is derived from sources believed to be reliable but which have not been independently verified. Taylor-DeJongh makes no guarantee of its accuracy and completeness and is not responsible for errors of transmission of factual or analytical data, nor is it liable for damages arising out of any person’s reliance upon this
This presentation does not constitute an offer of, or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States of
without the prior written permission of Taylor-DeJongh. No consideration has been given to the particular investment objectives, financial situation or particular needs of any recipient. The purpose of this presentation is to ascertain levels of interest in Taylor-DeJongh and to assist recipients in deciding whether they wish to proceed with a further investigation of Taylor-DeJongh. No representation is made, or assurance given, that the statements, projections or forecasts are correct or that the objectives of Taylor-DeJongh Inc. or any of its affiliates will be achieved. All information in this presentation is subject to amendment, rescission, and updating in due course.
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Source: Standard and Poor’s
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INTERNATIONAL ISSUANCE MARKET
SUKUK VOLUME BY ISSUER NATIONS IN 2013
82.4 14.7 7.1 5.6 4.1 2.4 1.7
10 20 30 40 50 60 70 80 90
Malaysia KSA UAE Indonesia Turkey Qatar Bahrein
Source: : Bloomberg, IFIS, Zawya
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178 230 255 426 528 714 100 200 300 400 500 600 700 800
2007 2008 2009 2010 2011 2012
Number of Issuances
38 20 32 54 85 131 122 20 40 60 80 100 120 140
2007 2008 2009 2010 2011 2012 2013
USD Billions
Source: KFH Research, Thomson Reuters Zawya Sukuk Perceptions and Forecast Study 2013
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45 51 85 105 131 122 50 100 150 200 250 300 350
Demand Gap of
billion
USD Billions
Source: Thomson Reuters Zawya Sukuk Perceptions and Forecast Study 2013 Ernst & Young: The World Islamic Banking Competiveness Report 2013 Thomson Reuters Global Sukuk supply/demand gap to peak in 2014 -Study
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DEVELOPMENT BANK OF KAZAKHSTAN
2012 USD 76 million
DANAINFRA NASIONAL BHD
2012 USD 95 million
Sadara Petrochemical Plant
USD 19.3 billion
SABIC
2006 USD 800 million
Qatargas II LNG
2004 USD 8.5 billion
DUBAI CIVIL AVIATION AUTHORITY
2004 USD 1 billion
Alba Aluminium Smelter
2003 USD 1.7 million
EAST CAMERON PARTNERS Oil & Gas Assets 2006
East Cameron Partners, LP
USD 168 million USD 100 million
SAXONY- ANHALT
2004
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