The global Sukuk market could reach $125 billion this year. Malaysia will remain the dominant market despite a strong rise in issue in GCC countries.
Professor Dr Malik Muhammad M. al Awan, Sharia Adviser, Hong Leong Islamic Bank and Hong Leong MSIG Takaful Bhd, is quoted by Kuala Lumpur-based Business Times as saying total global Sukuk issuance in Q1 2012 reached $43 billion, of which some $30 billion was issued in Malaysia – the country accounts for some 73 per cent of the total Sukuk issued globally………………………………………..Full Article: Source