London: President of the Islamic Development Bank (IsDB) Group Dr. Mohammed Al Jasser announced that since 2003, the IsDB has raised more than $55 billion through nearly 80 sukuk issuances, including around $6 billion in green and sustainability sukuk.

According to Saudi Press Agency, Al Jasser made the remarks during his opening address at the 2025 Global Sukuk Summit in London, themed 'Capitalizing on Sukuk Beyond Traditional Markets.' The event featured leading global investors, policymakers, and financial institutions, in partnership with the Financial Times Group.

He stressed that sukuk has evolved from a niche product into a globally recognized and trusted asset class that effectively links finance with tangible development outcomes. This transformation, he said, gives sukuk sustainable value by bridging capital markets with the real economy, channeling funds toward infrastructure, renewable energy, healthcare, and education projects that directly benefit communities.

He commended the bank's partnerships with the International Capital Market Association, the London Stock Exchange, and Financial Times Live for their vital role in promoting global dialogue on sustainable finance.