Claim: The largest Sukuk Issuance, which is defined as securities of equal denomination representing individual ownership interests in a portfolio, from 2007 to 2016 was less than $150 billion dollars in 2012.
Evidence: Sukuk are defined by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets."