Global Islamic bonds (sukuk) is seeing a steady growth path as institutions and governments worldwide issue new bonds while new incentives for regulatory and advisory bodies are said to be inspiring confidence in the market.
RHB Research Institute Sdn Bhd (RHB Research) in a research note yesterday stated that Malaysia’s corporate sukuk issuance for the third quarter of 2012 (3Q12) gained momentum with a total of RM26.8 billion issued, compared with RM13.05 billion recorded in 2Q12. The research house highlighted that ‘chunky issuances’, amongst others, came from Celcom and Tanjung Bin with RM5 billion and RM4.2 billion issued respectively………………………………………..Full Article: Source