Sales of Malaysian ringgit- denominated Islamic bonds are poised to beat the 2007 record as companies tap into lower borrowing costs to fund government infrastructure projects.
Offerings of the debt rose 76 per cent to RM32.9 billion (US$10.4 billion) this year from the same period in 2010, approaching the all-time high of RM38.7 billion, data compiled by Bloomberg show……………………………………….Full Article: Source