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S&P: Malaysia tops global sukuk sales in 2013

Posted on 28 March 2013

Malaysia is dominating global sales of sukuk in 2013 and Standard & Poor’s forecasts the trend will continue this year even as national elections loom. Issuance in the Southeast Asian currency may account for more than 74 per cent of worldwide offerings, compared with 49 per cent in 2008, Rajiv Vishwanathan, associate director for corporate and infrastructure ratings at S&P in Singapore, said in a interview.
Global sales of syariah-compliant notes, including government securities, may exceed US$100 billion (RM309 billion) in 2013 after rising 64 per cent to US$138 billion last year, according to a report from the company……………………………………….Full Article: Source

 
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