Issue of Sukuk Market Development and Islamic Banking Institution: A Conceptual Paper

Expanding the sukuk market and banking sector is essential to spur economic growth. However, these two components of financing providers do not cooperate fairly as a well-developed one drawback another market. Hence, this study aims highlight issues encountered in developing that could threaten expansion other markets capital deficit units financial This paper conceptual exploratory nature, thus, it supported by library research an attempt achieve specified objective. Further empirical can provide better understanding knowledge, issue arises from be used future reference understand relationship between markets. Throughout discussion issue, policymaker will aware construct conclusive policy able improve alongside Islamic institutions while strengthening stability. also offers insight into development performance, which relatively unknown academics finance industry practitioners.