Behind the introduction this month of the revised “Islamic securities guidelines (sukuk guidelines) in conjunction with revised trust deeds guidelines announced by the Securities Commission of Malaysia (SC), the securities regulator, and which become effective on Aug. 12, 2011, is the triple ambitions of enhancing the Malaysian regulatory framework for fundraising and product regulation in the private debt securities and sukuk markets; enhancing the efficiency and competitiveness of the Malaysian sukuk market; and to promote greater connectivity between the Middle East and Asian Islamic capital market sectors.………………………………………Full Article: Source