The local sukuk market is expected to remain robust next year despite the global economic uncertainties, with the total issuance estimated to be between US$24bil (RM76.8bil) and US$30bil (RM96bil).

CIMB Islamic Bank Bhd CEO Badlisyah Abdul Ghani said that 2007 was a record year with total issuance at US$24bil (RM76.8bil) to US$25bil (RM80bil), adding that he expected a similar amount of issuance this year.He said to achieve US$24bil to US$30bil in sukuk issuance was something that was reasonable to anticipate………………………………………Full Article: Source