Malaysia is expected to maintain its stronghold in the global sukuk market in 2013 with the continued development of various infrastructure projects under the Economic Transformation Programme (ETP) to fuel new capital demand, Ratings Agency Malaysia (RAM) says.
“We believe it (Malaysia) can retain its dominant position (in the global sukuk market). With strong legal, regulatory infrastructure, Shariah framework and innovative solution, it will help Malaysia retain its position,” said RAM Rating Services Bhd CEO Foo Su Yin said………………………………………..Full Article: Source