Bookrunner League Table of Middle East International Sukuk, Jan-Dec 2025
- #
- Investment Bank
- Amount, USD mln
- Number of issuers
- Number of issues
- 1
-
- Standard Chartered Bank
- 7,177
- 45
- 67
-
-
-
Amount, USD mln | Share, %7,177 | 9.95
-
Number of issuers | Number of issues
- ***
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- 2
-
- HSBC
- 6,197
- 40
- 52
-
-
-
Amount, USD mln | Share, %6,197 | 8.59
-
Number of issuers | Number of issues
- ***
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- 3
-
- Dubai Islamic Bank
- 5,088
- 42
- 52
-
-
-
Amount, USD mln | Share, %5,088 | 7.05
-
Number of issuers | Number of issues
- ***
- ***
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- 4
-
- Emirates NBD Bank
- 4,711
- 39
- 50
-
-
-
Amount, USD mln | Share, %4,711 | 6.53
-
Number of issuers | Number of issues
- ***
- ***
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- ***
- ***
- 5
-
- JP Morgan
- 4,002
- 29
- 42
-
-
-
Amount, USD mln | Share, %4,002 | 5.55
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
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- ***
- ***
- ***
- 6
-
- Citigroup
- 3,758
- 26
- 33
-
-
-
Amount, USD mln | Share, %3,758 | 5.21
-
Number of issuers | Number of issues
- ***
- ***
- ***
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- ***
- ***
- ***
- 7
-
- KFH Capital Investment Company
- 2,784
- 20
- 22
-
-
-
Amount, USD mln | Share, %2,784 | 3.86
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
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- ***
- 8
-
- First Abu Dhabi Bank
- 2,396
- 24
- 30
-
-
-
Amount, USD mln | Share, %2,396 | 3.32
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
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- ***
- ***
- ***
- ***
- 9
-
- Abu Dhabi Commercial Bank
- 2,119
- 25
- 30
-
-
-
Amount, USD mln | Share, %2,119 | 2.94
-
Number of issuers | Number of issues
- ***
- ***
- ***
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- ***
- ***
- ***
- 10
-
- Abu Dhabi Islamic Bank
- 2,105
- 21
- 27
-
-
-
Amount, USD mln | Share, %2,105 | 2.92
-
Number of issuers | Number of issues
- ***
- ***
- ***
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- ***
- ***
- ***
- ***
- 11
-
- Mizuho Financial Group
- 2,095
- 12
- 16
-
-
-
Amount, USD mln | Share, %2,095 | 2.90
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 12
-
- Goldman Sachs
- 1,947
- 13
- 19
-
-
-
Amount, USD mln | Share, %1,947 | 2.70
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 13
-
- Mashreqbank
- 1,930
- 24
- 29
-
-
-
Amount, USD mln | Share, %1,930 | 2.68
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
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- ***
- ***
-
Amount, USD mln | Share, %1,303 | 1.81
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 15
-
- Credit Agricole CIB
- 1,250
- 8
- 12
-
-
-
Amount, USD mln | Share, %1,250 | 1.73
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 16
-
- Sharjah Islamic Bank
- 1,218
- 16
- 18
-
-
-
Amount, USD mln | Share, %1,218 | 1.69
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 17
-
- SMBC Nikko Capital
- 1,204
- 11
- 13
-
-
-
Amount, USD mln | Share, %1,204 | 1.67
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 18
-
- Gulf International Bank
- 1,088
- 9
- 11
-
-
-
Amount, USD mln | Share, %1,088 | 1.51
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 19
-
- Bank ABC
- 1,024
- 16
- 17
-
-
-
Amount, USD mln | Share, %1,024 | 1.42
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 20
-
- ICBC
- 959
- 4
- 6
-
-
-
Amount, USD mln | Share, %959 | 1.33
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- 21
-
- Al Rajhi Bank
- 871
- 6
- 11
-
-
-
Amount, USD mln | Share, %871 | 1.21
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 22
-
- Warba Bank
- 759
- 15
- 16
-
-
-
Amount, USD mln | Share, %759 | 1.05
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 23
-
- DBS Bank
- 731
- 4
- 6
-
-
-
Amount, USD mln | Share, %731 | 1.01
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- 24
-
- Mitsubishi UFJ Financial Group
- 710
- 5
- 8
-
-
-
Amount, USD mln | Share, %710 | 0.98
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 25
-
- AlJazira Capital Co
- 683
- 2
- 3
-
-
-
Amount, USD mln | Share, %683 | 0.95
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 26
-
- Natixis
- 625
- 5
- 8
-
-
-
Amount, USD mln | Share, %625 | 0.87
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 27
-
- BNP Paribas
- 611
- 4
- 7
-
-
-
Amount, USD mln | Share, %611 | 0.85
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 28
-
- International Islamic Bank
- 600
- 1
- 1
-
-
-
Amount, USD mln | Share, %600 | 0.83
-
Number of issuers | Number of issues
- ***
- 29
-
- Arqaam Capital
- 591
- 10
- 12
-
-
-
Amount, USD mln | Share, %591 | 0.82
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 30
-
- Kuwait International Bank
- 559
- 4
- 5
-
-
-
Amount, USD mln | Share, %559 | 0.77
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- 31
-
- Ajman Bank
- 549
- 9
- 11
-
-
-
Amount, USD mln | Share, %549 | 0.76
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 32
-
- Deutsche Bank
- 538
- 4
- 4
-
-
-
Amount, USD mln | Share, %538 | 0.75
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 33
-
- SNB Capital
- 537
- 3
- 6
-
-
-
Amount, USD mln | Share, %537 | 0.74
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- 34
-
- Societe Generale
- 536
- 3
- 4
-
-
-
Amount, USD mln | Share, %536 | 0.74
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 35
-
- BofA Securities
- 517
- 5
- 6
-
-
-
Amount, USD mln | Share, %517 | 0.72
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- 36
-
- Intesa Sanpaolo
- 490
- 3
- 4
-
-
-
Amount, USD mln | Share, %490 | 0.68
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 37
-
- Qatar National Bank
- 481
- 6
- 6
-
-
-
Amount, USD mln | Share, %481 | 0.67
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- 38
-
- Alinma Bank
- 464
- 3
- 6
-
-
-
Amount, USD mln | Share, %464 | 0.64
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- 39
-
- National Bank of Ras Al-Khaimah (RAKBANK)
- 424
- 6
- 7
-
-
-
Amount, USD mln | Share, %424 | 0.59
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- ***
- ***
- ***
- 40
-
- Nomura International
- 368
- 2
- 3
-
-
-
Amount, USD mln | Share, %368 | 0.51
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 41
-
- Bank Albilad
- 329
- 2
- 3
-
-
-
Amount, USD mln | Share, %329 | 0.46
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 42
-
- Bank of China
- 328
- 2
- 4
-
-
-
Amount, USD mln | Share, %328 | 0.46
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 43
-
- Al Masraf
- 323
- 2
- 2
-
-
-
Amount, USD mln | Share, %323 | 0.45
-
Number of issuers | Number of issues
- ***
- ***
- 44
-
- Arab Bank
- 308
- 4
- 4
-
-
-
Amount, USD mln | Share, %308 | 0.43
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 45
-
- National Bank of Bahrain
- 275
- 2
- 2
-
-
-
Amount, USD mln | Share, %275 | 0.38
-
Number of issuers | Number of issues
- ***
- ***
- 46
-
- Morgan Stanley
- 252
- 2
- 2
-
-
-
Amount, USD mln | Share, %252 | 0.35
-
Number of issuers | Number of issues
- ***
- ***
- 47
-
- KAMCO
- 205
- 4
- 4
-
-
-
Amount, USD mln | Share, %205 | 0.28
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 48
-
- ASB Finance
- 205
- 3
- 3
-
-
-
Amount, USD mln | Share, %205 | 0.28
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 49
-
- Bank of Sharjah
- 201
- 4
- 4
-
-
-
Amount, USD mln | Share, %201 | 0.28
-
Number of issuers | Number of issues
- ***
- ***
- ***
- ***
- 50
-
- Commerzbank
- 201
- 1
- 2
-
-
-
Amount, USD mln | Share, %201 | 0.28
-
Number of issuers | Number of issues
- ***
- ***
- 51
-
- Ahli United Bank B.S.C.
- 200
- 1
- 1
-
-
-
Amount, USD mln | Share, %200 | 0.28
-
Number of issuers | Number of issues
- ***
- 52
-
- Banco Santander
- 194
- 1
- 1
-
-
-
Amount, USD mln | Share, %194 | 0.27
-
Number of issuers | Number of issues
- ***
- 53
-
- Saudi Fransi Capital
- 193
- 2
- 3
-
-
-
Amount, USD mln | Share, %193 | 0.27
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 54
-
- Banco Bilbao (BBVA)
- 188
- 2
- 2
-
-
-
Amount, USD mln | Share, %188 | 0.26
-
Number of issuers | Number of issues
- ***
- ***
- 55
-
- Barclays
- 183
- 2
- 2
-
-
-
Amount, USD mln | Share, %183 | 0.25
-
Number of issuers | Number of issues
- ***
- ***
- 56
-
- Boubyan Bank
- 178
- 2
- 2
-
-
-
Amount, USD mln | Share, %178 | 0.25
-
Number of issuers | Number of issues
- ***
- ***
- 57
-
- Alistithmar Capital
- 162
- 1
- 2
-
-
-
Amount, USD mln | Share, %162 | 0.22
-
Number of issuers | Number of issues
- ***
- ***
- 58
-
- Riyad Capital
- 156
- 1
- 1
-
-
-
Amount, USD mln | Share, %156 | 0.22
-
Number of issuers | Number of issues
- ***
- 59
-
- Bank of Montreal
- 150
- 1
- 1
-
-
-
Amount, USD mln | Share, %150 | 0.21
-
Number of issuers | Number of issues
- ***
- 60
-
- Sohar International Bank
- 143
- 1
- 1
-
-
-
Amount, USD mln | Share, %143 | 0.20
-
Number of issuers | Number of issues
- ***
- 61
-
- Dukhan Bank
- 142
- 3
- 3
-
-
-
Amount, USD mln | Share, %142 | 0.20
-
Number of issuers | Number of issues
- ***
- ***
- ***
- 62
-
- Emirates Islamic Bank
- 105
- 2
- 2
-
-
-
Amount, USD mln | Share, %105 | 0.15
-
Number of issuers | Number of issues
- ***
- ***
- 63-64
-
- Al Ahli Bank of Kuwait
- 103
- 1
- 1
-
-
-
Amount, USD mln | Share, %103 | 0.14
-
Number of issuers | Number of issues
- ***
- 63-64
-
- Islamic Development Bank
- 103
- 1
- 1
-
-
-
Amount, USD mln | Share, %103 | 0.14
-
Number of issuers | Number of issues
- ***
- 65
-
- Al Rayan Bank
- 92
- 2
- 2
-
-
-
Amount, USD mln | Share, %92 | 0.13
-
Number of issuers | Number of issues
- ***
- ***
- 66
-
- Commercial Bank of Dubai
- 83
- 1
- 2
-
-
-
Amount, USD mln | Share, %83 | 0.12
-
Number of issuers | Number of issues
- ***
- ***
- 68-71
-
- Arab National Bank
- 75
- 1
- 1
-
-
-
Amount, USD mln | Share, %75 | 0.10
-
Number of issuers | Number of issues
- ***
- 68-71
-
- Bank Muscat
- 75
- 1
- 1
-
-
-
Amount, USD mln | Share, %75 | 0.10
-
Number of issuers | Number of issues
- ***
- 68-71
-
- Kuwait Projects Company Holding (KIPCO)
- 75
- 1
- 1
-
-
-
Amount, USD mln | Share, %75 | 0.10
-
Number of issuers | Number of issues
- ***
- 68-71
-
- Oman Investment Bank SAOC
- 75
- 1
- 1
-
-
-
Amount, USD mln | Share, %75 | 0.10
-
Number of issuers | Number of issues
- ***
- 72
-
- Standard Bank
- 63
- 1
- 1
-
-
-
Amount, USD mln | Share, %63 | 0.09
-
Number of issuers | Number of issues
- ***
- 73-74
-
- Bank Alkhair
- 54
- 1
- 1
-
-
-
Amount, USD mln | Share, %54 | 0.07
-
Number of issuers | Number of issues
- ***
- 75-76
-
- Arab African International Bank
- 50
- 1
- 1
-
-
-
Amount, USD mln | Share, %50 | 0.07
-
Number of issuers | Number of issues
- ***
- 75-76
-
- Masraf Al Barakah
- 50
- 1
- 1
-
-
-
Amount, USD mln | Share, %50 | 0.07
-
Number of issuers | Number of issues
- ***
- 77-78
-
- Fifth Third Bancorp
- 46
- 1
- 1
-
-
-
Amount, USD mln | Share, %46 | 0.06
-
Number of issuers | Number of issues
- ***
- 77-78
-
- Truist Bank
- 46
- 1
- 1
-
-
-
Amount, USD mln | Share, %46 | 0.06
-
Number of issuers | Number of issues
- ***
- 79
-
- Qatar Islamic Bank
- 38
- 1
- 1
-
-
-
Amount, USD mln | Share, %38 | 0.05
-
Number of issuers | Number of issues
- ***
- 80
-
- National Bank of Kuwait
- 38
- 1
- 1
-
-
-
Amount, USD mln | Share, %38 | 0.05
-
Number of issuers | Number of issues
- ***
- 81
-
- KEB Hana Bank
- 33
- 1
- 1
-
-
-
Amount, USD mln | Share, %33 | 0.05
-
Number of issuers | Number of issues
- ***
-
- Not Available
- 250
- 1
- 1
-
-
-
Amount, USD mln | Share, %250 | 0.35
-
Number of issuers | Number of issues
- ***
- Other investment banks
- 14,025
- 47
- 66
-
Amount, USD mln | Share, %14,025 | 19
-
Number of issuers | Number of issues47 | 66
- Total
- 72,131
- 60
- 98
-
Amount, USD mln | Share, %72,131 | 100
-
Number of issuers | Number of issues60 | 98









