For years, Islamic finance has promised fairness, accessibility, and ethics. Yet, many of its key investment tools, like those in conventional banking, have been reserved for the few. Sukuk, Islamic fixed-income instruments, are a prime example. While they’ve become central to Islamic capital markets, they’ve remained largely out of reach for retail investors.
That’s not due to a lack of interest or supply. The global sukuk market size reached $1.21 trillion in 2024 and is forecast to reach $3.99 trillion by 2033, with the ESG sukuk market surpassing $50 billion in outstanding value by the end of 2024, according to a report by LSEG.