Malaysia’s biggest sukuk arrangers say sales by local companies will surpass 2012’s record this year as US$35 billion of construction projects come on stream.
Issuance has reached RM10.4 billion (S$4.16 billion) in 2013, compared with RM33.6 billion in the same period a year earlier and the all-time high of RM95.8 billion, data compiled by Bloomberg show. Growth in the building market will strengthen this year following an 18 per cent increase in 2012, according to Construction Industry Development Board Malaysia……………………………………Full Article: Source