The remarkable growth of Islamic assets to approximately USD 2.1 trillion at the end of 2014, with an estimated compounded annual growth rate (CAGR) of 17.3% between 2009 and 2014 is a testimony to the industry’s resilient performance. This solid growth rate of the Islamic finance industry is driven by a number of fundamental factors such as the growing Muslim population, a global search for ethical financing, regulatory advancements, increasing interest in financial institutions, and financial innovations. The growth in Islamic finance is also visible in the expanding range of services and products that comply with the basic precepts of Sharia law. Global issuance of Sukuk has grown significantly in the past few years, as annual issuances almost tripled from USD 45 billion in 2011 to USD 118.8 billion in 2014.