Ringgit-denominated sukuk issuances dominated fund-raising activities approved by the Securities Commission (SC) in2011, accounting for RM78.9 billion out of RM118.9 billion total funds approved through the capital market.
In its Fourth Quarter 2011 Scorecard released today, the SC said more than half of the amount to be raised from sukuk issuances was approved during the fourth quarter, through 15 ringgit-denominated sukuk issues which were set to raise RM41.7 billion from the market………………………………………..Full Article: Source