Malaysia’s corporate Islamic bonds are returning twice as much as government sukuk this quarter as economic stimulus spending boosts investors’ risk appetite.
The Bloomberg-AIBIM Bursa Malaysia Corporate Index, a benchmark started this week that tracks 57 local-currency issues, gained 1.6% since June 30 to 101.062, while a similar gauge for sovereign notes rose 0.7% to 109.165. Global dollar-denominated syariah-compliant debt advanced 2.3%………………………………………..Full Article: Source