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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Malaysia insurers hindered by lack of Sukuk

Posted on 11 January 2011

From Bloomberg: The lack of long-term investment products is undermining growth in Malaysia’s Islamic insurance industry, spurring calls for more sukuk maturing beyond 10 years in the world’s biggest market for the debt.
The country’s 13.9 billion ringgit ($4.5 billion) of insurance assets that comply with Shariah law made up 9 percent of the 154 billion ringgit total as of July 2010, according to central bank data……………………………………….Full Article: Source

 
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