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Malaysia to start cross-border Sukuk trading in 2H 2011, says Zeti

Posted on 22 February 2011

From Bernama: Malaysia is to start cross-border trading in sukuk (Islamic bond) in the second half of this year, says Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz.
To further strengthen the infrastructure for the sukuk market, she said, the Malaysian Electronic Clearing Corporation or MyClear, a wholly-owned subsidiary of Bank Negara, was undertaking an initiative to promote cross-border financial transactions that were efficient, reliable and secured……………………………………….Full Article: Source

 
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